Unpacking Credit Card Debt: Tommy Kilpatrick's Fight Against Banking Flaws and His Path to Empower Others

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Welcome to True Crime,

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Authors,

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and Extraordinary People,

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the podcast where we bring two passions together.

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The show that gives new meaning to the old adage,

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truth is stranger than fiction.

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And reminding you that there is an extraordinary person in all of us.

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Here is your host,

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David McClam.

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What's going on everybody and welcome to another episode of True Crime,

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Authors,

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and Extraordinary People.

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Of course,

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I'm your man,

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David McClam.

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If you haven't already,

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make sure you follow us on all of our social media.

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One link to a link tree would get you every place you need to go pertaining to the show.

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And as always,

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I'd like to remind you,

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if you know someone or if you are someone that's thinking about hurting yourself or others,

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please leave this episode and dial 988.

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It is a suicide prevention hotline.

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They will get you the help that you need.

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And in case no one has told you this today,

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let me be the first to tell you.

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I do care and I do need you to be here.

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Nothing is worth your life.

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And also remember,

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if you want to help support the show,

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Crowdweave gives you a fun way to support the show and also get something back from us,

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whether it's getting to pick the next episode,

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shout out from me,

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whatever it is,

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make sure you check out Crowdweave.

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The link will be in the show notes for that.

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All right,

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guys,

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if you're looking...

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at the calendar.

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It is now time again for another extraordinary person.

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The guy that I'm about to introduce you to actually fits my bill kind of in all three of the shows,

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so it's kind of hard to put him where he is,

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but you will find out that he is truly extraordinary.

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Let me introduce to you who our guest is for this episode.

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He is a retired American living in the Philippines,

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teaching farmers how to build dome structures with bamboo.

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vertical gardening,

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and to open free self-managed healthcare clinics.

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He was born and raised in California,

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has a double major in abnormal psychology and accounting.

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He wrote a book on health and healing in 2004.

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He signed an infomercial contract.

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For six months,

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he was booked on radio shows as a test and used his three credit cards to survive.

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There was another author who got into trouble with the FTC and the infomercial company,

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so the New Talents contracts were canceled.

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and he was stuck with $85,000 of credit card debt.

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He sued his three banks in the federal court by himself.

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So did he win?

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Well,

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his cases were dismissed by the judge.

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Now,

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did he lose?

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Well,

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the alleged debt was removed from his credit report,

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and there was no 1099 sent to the IRS.

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He believes people are suffering under $1.3 trillion of bank-issued alleged credit card debt,

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which is not a debt.

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and can be eliminated within 45 days.

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He is an author,

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teacher,

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entrepreneur.

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He is the author of the Forgive and Forget

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How to Nuke Your Credit Card Debt.

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And he is my extraordinary person.

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Please welcome Tommy Kilpatrick.

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Tommy,

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welcome to the show.

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Well,

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thank you.

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What an introduction.

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Thank you so much.

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Well,

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I know it's long,

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but I think it's very important for my audience to know exactly where you come from so that they know you're credible for what we are about to talk about.

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So the first question I ask everyone that comes on the show,

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is there anything else that we don't know about Tommy Kilpatrick that we should that was not in your intro?

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About 12 years ago,

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the wife of 28 years said,

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get out and take the dog with you.

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So

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I left Southern California with a dog and a backpack.

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And I ended up in Sedona and I gave a year to this Christian family that took me in.

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And they actually had a bakery.

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in their home,

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so I became a baker.

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And then after a year,

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traveled along to the east coast and ended up in eventually Maine on a farm.

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And I was there for about 10 years.

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And then shift happens and make sure you pronounce the F.

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And I found myself on the outside,

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and I was never expecting that.

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I thought I was going to die on a farm and just bury me in the back.

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So

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I decided to do some good for people,

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and I was headed towards

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Argentina, actually.

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to buy a farm there with no money.

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Yeah,

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that's fine.

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There's creative ways of doing it.

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And I do a detox for people who have been suffering in that.

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I'm trying to think,

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OxyContin.

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The Sackler family had targeted that particular area of Maine,

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and they had devastated for the last 25 years,

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just ruined people's lives by giving painkiller that was supposed to be end of life painkiller to children.

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Then they got addicted and 20 years of addiction.

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It's just has ravaged the cat,

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that whole County.

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So my idea was to detoxify him there and get a part,

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get a conditional pardon.

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and ship them off to my farm in Argentina and then clean them up.

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They already will be clean,

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but have to change their life.

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I can detoxify their body.

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That takes about 30 days.

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Detoxify their mind takes about three months.

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But to detoxify their life,

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they're just going to go right back into the cycle and the circle of devastation.

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So this would be a way out for them to be on a farm in God's mother nature,

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learn how to be a real man,

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how to build his own house,

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do his own thing.

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and then find a new life,

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a new name,

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and a new wife.

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So we can come back later with letters of recommendation,

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and a judge will change that conditional pardon to a full pardon because of what they've done in there.

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And within two years,

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they will actually get a passport.

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They'll be a citizen of the Argentinian government there.

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So then I thought,

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someone told me about the Filipinas and how wonderful they are as a white.

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So I decided to come to the Philippines.

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And.

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I might hear,

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what I say when I came here was,

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So I came here looking for a wife.

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And

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I've learned the language in 30 days.

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And I've written a book on how to do that.

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It's right now in the,

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my assistant is putting her artwork to it.

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And we should have that book in about 30 days,

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how to speak,

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read,

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write,

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and hear a new language in 30 days.

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And this one's in particular,

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it'll be Hiligaynon.

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The next one will be Basaya.

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The next one will be

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Tagalog. And then I'll do about 50 of the popular languages all around the world.

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So it's a revolutionary new idea of how to learn a language.

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So that's what your audience doesn't know about me.

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But

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I am a doubting Thomas.

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So I want you to doubt whatever I have to say.

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I don't want you to believe anything I have to say.

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I've sent you some links.

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So in your show notes,

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the audience can verify this.

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And I really encourage you to send this podcast to your CPA.

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Someone who has some education and knowledge in accounting,

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because my argument is sound accounting principles.

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This is not some crazy,

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weird,

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out-of-the-box thinking.

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This is just basically accounting.

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This is my argument.

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So that's what your audience doesn't know about me,

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and I encourage you to doubt me,

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too.

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Well,

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first,

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let me say,

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before we jump into what we're here for,

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which is about what you just talked about,

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thank you for doing what you did for those young men.

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I work with a partner of mine,

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LaDonna Humphrey.

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She is a sober living coach.

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So I'm very well versed into the addiction community.

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And a lot of people don't care about the addicted.

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They wash them off.

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They think that they're not a good cause anymore.

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There's a lost cause.

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So a lot of people wouldn't have done what you did.

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And I know people tell you this,

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but I want you to hear it from someone you don't know.

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Is this true?

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You took these young men out there and you completely changed their lives.

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And because of you,

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We're not going to find them in the ditch or under a bridge somewhere.

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So I want to say thank you for helping the addicted there.

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Yeah,

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I went to an addiction meeting and about three-fourths of the way through,

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all but 12 people looked at me and I said,

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are you a drug addict?

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I said,

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no.

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What are you here for?

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I want to hear your story.

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And then they had talked about how many people had died.

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And me being an accountant,

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I have a way of numbers.

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They got to 15.

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And

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those are just people who recently died.

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So this is really,

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it rips my heart out,

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but I do have a method.

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I used to have five medical clinics in Southern California and we would detoxify people.

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We had an agreement with the military.

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I was invited to their,

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the Marines there on Camp Pendleton had their very first time they admitted that PTSD existed.

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And I was there with my chairs They gave you a massage.

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I had a foot bath ionizer.

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And the chaplains came up to me and said,

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we're the ones who deal with the suicide.

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We're the ones who are dealing with these guys undergoing PTSD.

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And I said,

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come to my clinic.

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So they got in a bus,

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drove them to our clinic there in Riverside,

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and they got off and they spent four hours with us.

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And the military found that we were the most effective way of dealing with their PTSD.

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But it didn't get a contract because at the time there was a representative that you had day.

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buy off.

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I didn't know this,

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but you actually had to pay Cunningham a bribe to get the contract.

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But what do I know?

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So even though I was the most affected I've ever had,

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I didn't get a contract,

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nothing moved forward.

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But I used physical and emotional techniques to relieve them of their drug addiction.

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And I've stopped drug addiction within minutes.

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I know it sounds crazy,

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but I changed the brain chemistry through essential oils.

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The fastest way to a memory is through the brain through the nose.

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So I have them smell an essential oil,

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flip that emotion to the opposite,

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say a phrase,

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and within minutes they have no desire.

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But it'll come back.

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Well,

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of course,

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what do you expect?

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So then that's what we do.

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We keep repeating it and detoxify the body by sweating and by many different techniques.

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And the relaxation,

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the visualization really helps.

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So we want them completely clean off of everything.

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00:10:14.913 --> 00:10:15.288
Alcohol,

267
00:10:15.289 --> 00:10:15.788
of course,

268
00:10:15.929 --> 00:10:16.694
and tobacco,

269
00:10:17.069 --> 00:10:17.569
everything.

270
00:10:17.616 --> 00:10:21.272
They'll be completely clean eating food that they'll be growing.

271
00:10:21.569 --> 00:10:23.226
So for every first day they come in,

272
00:10:23.227 --> 00:10:24.241
we hand them seeds.

273
00:10:24.757 --> 00:10:25.147
And we say,

274
00:10:25.679 --> 00:10:26.897
this seed represents you.

275
00:10:27.491 --> 00:10:28.601
Hard on the outside.

276
00:10:29.212 --> 00:10:30.514
Maybe soft on the inside.

277
00:10:30.995 --> 00:10:31.495
I don't know.

278
00:10:31.874 --> 00:10:35.300
But you're going to plant this and you're going to eat this food in seven days.

279
00:10:35.460 --> 00:10:36.518
Every day they plant,

280
00:10:36.581 --> 00:10:37.061
they plant,

281
00:10:37.100 --> 00:10:37.538
they plant.

282
00:10:37.702 --> 00:10:38.718
Every day after that,

283
00:10:39.022 --> 00:10:42.163
on the seventh day when the sprouting is ready to harvest,

284
00:10:42.608 --> 00:10:44.210
they'll be eating the food they planted.

285
00:10:44.249 --> 00:10:45.514
So it's planting a new idea,

286
00:10:45.624 --> 00:10:49.030
a new seed into them that they could grow and become a phoenix.

287
00:10:49.514 --> 00:10:51.671
And that's why I encourage them to change their name.

288
00:10:52.030 --> 00:10:54.264
Start thinking of a name that really describes you,

289
00:10:54.296 --> 00:10:55.311
not the one given to you,

290
00:10:55.655 --> 00:10:57.561
but the one you want to carry for the rest of your life.

291
00:10:57.856 --> 00:10:58.437
For a while,

292
00:10:58.457 --> 00:10:59.277
you don't have to keep it.

293
00:10:59.278 --> 00:11:00.218
You can change your name again.

294
00:11:00.619 --> 00:11:01.902
So you can go in transition.

295
00:11:01.961 --> 00:11:04.004
But that name is the most important thing.

296
00:11:04.402 --> 00:11:05.402
That's what God gave

297
00:11:05.765 --> 00:11:06.863
Adam and Eve the power,

298
00:11:06.902 --> 00:11:08.222
the very first power to have,

299
00:11:08.223 --> 00:11:08.769
the name.

300
00:11:09.144 --> 00:11:10.371
And so once you're named,

301
00:11:10.511 --> 00:11:11.707
if you're drained a drug addict,

302
00:11:11.730 --> 00:11:12.433
which I don't say,

303
00:11:12.488 --> 00:11:14.660
you just happen to use and maybe abuse.

304
00:11:14.894 --> 00:11:15.550
But we don't do that.

305
00:11:15.613 --> 00:11:16.629
I don't use those terms.

306
00:11:16.988 --> 00:11:19.800
So you are a human being ready to be healed.

307
00:11:20.113 --> 00:11:21.019
So let's move forward.

308
00:11:21.457 --> 00:11:21.675
Yeah,

309
00:11:21.941 --> 00:11:22.347
absolutely.

310
00:11:22.504 --> 00:11:22.879
Once again,

311
00:11:22.988 --> 00:11:23.597
thank you for that,

312
00:11:23.644 --> 00:11:23.847
man.

313
00:11:23.957 --> 00:11:24.300
I mean,

314
00:11:24.644 --> 00:11:26.425
it touches my heart that you do this kind of work.

315
00:11:26.900 --> 00:11:27.560
So thank you.

316
00:11:28.361 --> 00:11:29.240
Now to the audience,

317
00:11:29.721 --> 00:11:31.160
what we're here to talk about today,

318
00:11:31.360 --> 00:11:33.703
after all that fascinating stuff you just heard about Tommy,

319
00:11:34.563 --> 00:11:35.824
is your finances.

320
00:11:36.379 --> 00:11:38.043
When Tommy pitched to come on the show,

321
00:11:38.121 --> 00:11:39.160
I just want you guys to know,

322
00:11:39.285 --> 00:11:41.285
not only did I read every word that he wrote to me,

323
00:11:42.020 --> 00:11:50.090
because he was telling me pretty much that your credit cards is pretty much true crime and about how the banks go about getting money from you and all that.

324
00:11:50.699 --> 00:11:52.918
I did also follow the links in which he did show me.

325
00:11:53.512 --> 00:11:55.590
I also can tell you that there are CPAs

326
00:11:56.104 --> 00:11:59.266
that has backed him up and that has left comments on his book.

327
00:11:59.547 --> 00:12:01.329
So I want you guys to know he has been vetted.

328
00:12:01.891 --> 00:12:02.829
So sit down,

329
00:12:03.071 --> 00:12:03.911
get a notepad,

330
00:12:03.973 --> 00:12:04.993
spit if you have credit cards.

331
00:12:05.696 --> 00:12:07.157
Tommy thinks he has a way to help you out.

332
00:12:07.158 --> 00:12:08.352
So we're about to find that out.

333
00:12:08.594 --> 00:12:09.274
First question for you,

334
00:12:09.321 --> 00:12:09.594
Tommy,

335
00:12:09.657 --> 00:12:10.118
is this.

336
00:12:10.876 --> 00:12:17.430
Why do you believe that people are underneath $1.3 trillion of bank alleged credit debt?

337
00:12:18.040 --> 00:12:19.321
That's what the figures say.

338
00:12:19.540 --> 00:12:22.102
And I don't know if it's just American debt.

339
00:12:22.308 --> 00:12:23.509
or if it's worldwide debt,

340
00:12:23.629 --> 00:12:24.549
I'm not quite sure.

341
00:12:24.651 --> 00:12:27.873
But what I'm saying affects anybody and everybody around the world.

342
00:12:28.573 --> 00:12:31.377
And so when you say you have a debt,

343
00:12:31.815 --> 00:12:33.721
you have a debt and you owe it,

344
00:12:33.838 --> 00:12:34.440
you pay it.

345
00:12:34.557 --> 00:12:35.721
There's no argument.

346
00:12:36.323 --> 00:12:43.034
Now we'll watch the TV news and we see a bank robbery in place and they'll say alleged bank robber.

347
00:12:43.534 --> 00:12:44.956
Even though they know the guy's name,

348
00:12:44.971 --> 00:12:45.909
he dropped his wallet.

349
00:12:45.910 --> 00:12:46.518
They open it up,

350
00:12:46.519 --> 00:12:47.518
they show you his ID.

351
00:12:47.831 --> 00:12:48.831
You know his name is,

352
00:12:48.862 --> 00:12:50.815
but we always have to use the word alleged.

353
00:12:51.536 --> 00:12:54.059
So we're assumed innocent until proven guilty.

354
00:12:54.658 --> 00:12:59.861
So all I want you to do is add one word to what you say when you have a debt is alleged.

355
00:13:00.564 --> 00:13:02.244
So the question is,

356
00:13:02.346 --> 00:13:04.830
can you nuke your alleged credit card debt?

357
00:13:05.213 --> 00:13:05.893
And that's true.

358
00:13:05.932 --> 00:13:06.471
You can.

359
00:13:07.049 --> 00:13:15.025
So you can by adding that one word alleged that forces the bank to come forward and prove that they have a debt.

360
00:13:15.525 --> 00:13:17.119
And that's my primary.

361
00:13:17.182 --> 00:13:21.166
My main argument is make the bank prove that there's a debt.

362
00:13:21.840 --> 00:13:22.040
Okay,

363
00:13:22.100 --> 00:13:24.724
so what if someone comes back and says,

364
00:13:24.824 --> 00:13:26.224
or the bank even comes back and says,

365
00:13:26.306 --> 00:13:26.564
well,

366
00:13:27.107 --> 00:13:30.712
it's a proven debt because when they took the credit card out,

367
00:13:31.251 --> 00:13:34.712
they had terms and conditions and they agreed to those terms and conditions.

368
00:13:35.634 --> 00:13:38.783
But you're telling me that that doesn't necessarily lock them into that.

369
00:13:38.814 --> 00:13:39.845
Can you explain that for us?

370
00:13:40.486 --> 00:13:40.814
Yes.

371
00:13:41.392 --> 00:13:41.908
Well,

372
00:13:41.923 --> 00:13:46.798
kind of what happened to me personally is I was left with that $85,000 of credit card debt,

373
00:13:46.923 --> 00:13:48.861
and it put me in a tailspin for about a month.

374
00:13:49.456 --> 00:13:54.618
And then I came out of it and I was thinking about my dad being a CPA and me in school to be a CPA.

375
00:13:55.418 --> 00:14:03.020
And I realized that the bank never had an invoice because that's what accounting principles are all about is a debt.

376
00:14:03.122 --> 00:14:07.184
A debt has to be some kind of written down document and that's called an invoice.

377
00:14:07.575 --> 00:14:08.934
The invoice is going to show the date,

378
00:14:09.184 --> 00:14:09.903
the product,

379
00:14:09.997 --> 00:14:10.747
the taxes,

380
00:14:10.762 --> 00:14:11.497
the shipping,

381
00:14:11.528 --> 00:14:12.637
the terms and conditions,

382
00:14:12.762 --> 00:14:14.122
all that kind of stuff is on there.

383
00:14:14.840 --> 00:14:15.887
So when I...

384
00:14:16.852 --> 00:14:20.033
I came across this guy who was promoting going to federal court.

385
00:14:20.074 --> 00:14:21.214
He said it was so easy.

386
00:14:21.534 --> 00:14:22.972
The judges are so nice to you.

387
00:14:23.355 --> 00:14:24.652
They really will help you out.

388
00:14:25.011 --> 00:14:26.753
And that was what he was doing.

389
00:14:26.754 --> 00:14:27.956
It was in Texas.

390
00:14:28.074 --> 00:14:28.495
So I thought,

391
00:14:28.574 --> 00:14:28.691
OK,

392
00:14:28.753 --> 00:14:30.238
I'll just file a lawsuit.

393
00:14:30.699 --> 00:14:34.878
And I laid out in my pleading the exact story of what I believe happened.

394
00:14:35.675 --> 00:14:40.456
And that's where the judge took a look at this and basically threw the case out,

395
00:14:41.300 --> 00:14:45.019
because that's where he was saying that you have used the card,

396
00:14:45.081 --> 00:14:45.503
didn't you?

397
00:14:45.581 --> 00:14:45.941
And I said,

398
00:14:46.120 --> 00:14:46.300
Well,

399
00:14:46.841 --> 00:14:47.703
it's not really a trend.

400
00:14:47.823 --> 00:14:49.806
He never allowed me to start from the beginning.

401
00:14:50.306 --> 00:14:51.349
So in my book,

402
00:14:51.591 --> 00:14:56.935
I have a scenario of a courtroom that actually happened to me and happened to many of my

403
00:14:57.537 --> 00:14:59.021
CPA expert witnesses.

404
00:14:59.410 --> 00:15:01.373
So I run that story through.

405
00:15:01.732 --> 00:15:02.533
So the bank,

406
00:15:02.613 --> 00:15:04.916
that's what the bank's going to say is you use the card.

407
00:15:05.217 --> 00:15:06.978
So you agree to the terms and conditions.

408
00:15:07.697 --> 00:15:07.814
Now,

409
00:15:07.861 --> 00:15:10.885
my father-in-law at the time was a judge and attorney.

410
00:15:11.205 --> 00:15:16.549
And we had long conversations about how fraud undoes all contracts.

411
00:15:17.221 --> 00:15:19.314
So you can't unknowingly,

412
00:15:19.392 --> 00:15:24.892
you can't enter into an agreement with a criminal and then have the criminal go to court and say,

413
00:15:25.174 --> 00:15:25.658
your honor,

414
00:15:25.877 --> 00:15:26.861
he agreed to pay me.

415
00:15:27.114 --> 00:15:27.354
you know,

416
00:15:27.394 --> 00:15:28.055
100%

417
00:15:28.135 --> 00:15:29.836
on this loan and he's not paying me.

418
00:15:30.697 --> 00:15:34.863
The court is not there to ferment and to support crime.

419
00:15:35.519 --> 00:15:41.590
So in the Supreme Court has ruled over and over again that fraud undoes all contracts.

420
00:15:41.832 --> 00:15:43.668
So I have no contract.

421
00:15:44.136 --> 00:15:47.699
And the other part of it is that then you say that there's a loan,

422
00:15:48.121 --> 00:15:50.715
but the bank never had me sign a promissory note.

423
00:15:51.355 --> 00:15:54.340
So a true credit cards are out there.

424
00:15:54.699 --> 00:15:56.590
I'm not trying to pull some scam.

425
00:15:56.818 --> 00:15:58.159
or you're out of all your debt.

426
00:15:58.340 --> 00:15:58.459
No,

427
00:15:58.520 --> 00:15:58.640
no,

428
00:15:59.061 --> 00:16:00.102
we're very specific.

429
00:16:00.723 --> 00:16:04.867
So what you want to do is know that there's a true credit card like this example.

430
00:16:05.547 --> 00:16:07.891
Let's say you need tires for your car.

431
00:16:08.352 --> 00:16:11.352
You go into a tire store and you say,

432
00:16:11.813 --> 00:16:13.633
I really don't have a thousand dollars.

433
00:16:13.977 --> 00:16:15.117
I might have to think about it,

434
00:16:15.118 --> 00:16:16.102
but I'm on treads.

435
00:16:16.211 --> 00:16:17.539
I'm just very dangerous.

436
00:16:17.570 --> 00:16:18.742
So what am I going to do?

437
00:16:18.758 --> 00:16:19.086
And they say,

438
00:16:19.274 --> 00:16:19.414
oh,

439
00:16:19.945 --> 00:16:22.445
why don't you apply for the in-store credit card?

440
00:16:22.695 --> 00:16:23.508
And if you're approved,

441
00:16:23.805 --> 00:16:24.524
we'll move forward.

442
00:16:24.805 --> 00:16:26.102
So you try it out.

443
00:16:26.310 --> 00:16:26.991
You get approved.

444
00:16:27.291 --> 00:16:27.671
Great.

445
00:16:28.032 --> 00:16:29.714
They put the tires on your car.

446
00:16:30.154 --> 00:16:30.933
They balanced it,

447
00:16:31.035 --> 00:16:31.636
did everything,

448
00:16:31.637 --> 00:16:33.136
and you drive away without paying.

449
00:16:33.617 --> 00:16:34.300
With an agreement,

450
00:16:34.316 --> 00:16:35.121
you're going to pay later.

451
00:16:35.543 --> 00:16:37.863
And you might have a refund check coming,

452
00:16:37.902 --> 00:16:39.261
or you might have a bonus coming,

453
00:16:39.300 --> 00:16:40.582
or your paycheck is coming.

454
00:16:40.644 --> 00:16:41.707
So that's when you can pay it.

455
00:16:42.144 --> 00:16:43.589
A statement comes in the mail,

456
00:16:43.793 --> 00:16:44.449
which is true,

457
00:16:45.043 --> 00:16:46.277
and you see the bill,

458
00:16:46.574 --> 00:16:47.449
and you owe the money.

459
00:16:47.949 --> 00:16:51.636
And that's because they have an outstanding unpaid invoice.

460
00:16:52.293 --> 00:16:52.433
Now,

461
00:16:52.511 --> 00:16:54.152
how can you tell if...

462
00:16:55.882 --> 00:16:59.046
Let me try to think here of Walmart or if

463
00:16:59.526 --> 00:17:01.548
Amazon or some store,

464
00:17:02.067 --> 00:17:04.571
is that a true merchant credit card?

465
00:17:05.071 --> 00:17:06.376
All you need to do is look at the back.

466
00:17:07.094 --> 00:17:08.477
Look at the back of your credit card.

467
00:17:08.618 --> 00:17:11.876
And if it says they're issued by Bank of America,

468
00:17:12.532 --> 00:17:13.204
Citibank,

469
00:17:13.407 --> 00:17:14.063
Wells Fargo,

470
00:17:14.594 --> 00:17:15.766
or Deutsche Bank,

471
00:17:15.844 --> 00:17:18.719
or some bank of anywhere you are in the world,

472
00:17:19.001 --> 00:17:20.079
then that's a phony one.

473
00:17:20.344 --> 00:17:23.110
That's one where you can challenge this.

474
00:17:23.188 --> 00:17:24.798
So you owe the money.

475
00:17:25.158 --> 00:17:26.299
on a true credit card,

476
00:17:26.599 --> 00:17:28.662
you don't owe the money on a phone-y one.

477
00:17:28.941 --> 00:17:29.144
Okay,

478
00:17:29.203 --> 00:17:30.663
so let me ask you this one,

479
00:17:30.703 --> 00:17:32.867
because I know a lot of my audience is going to want to know,

480
00:17:32.868 --> 00:17:34.324
because they use these services.

481
00:17:34.925 --> 00:17:38.972
Where do services like Afterpay and Zip fall into this?

482
00:17:39.449 --> 00:17:41.050
And also people had mentioned,

483
00:17:41.230 --> 00:17:45.011
I'm trying to think of like Diners Club or like American Express,

484
00:17:45.370 --> 00:17:46.339
and these are banks.

485
00:17:46.340 --> 00:17:47.324
When you look into it,

486
00:17:47.714 --> 00:17:49.136
if there's a bank behind it,

487
00:17:49.214 --> 00:17:49.745
it's true.

488
00:17:50.417 --> 00:17:50.558
Now,

489
00:17:51.199 --> 00:17:54.261
the thing is that you sign a promissory note.

490
00:17:54.770 --> 00:17:56.572
If you didn't sign a promissory note,

491
00:17:56.652 --> 00:17:57.432
there's no loan.

492
00:17:58.034 --> 00:17:59.354
So you just got to think about it.

493
00:17:59.975 --> 00:18:01.495
Did I go into that merchant?

494
00:18:01.979 --> 00:18:04.260
Did they have their own goods and services?

495
00:18:04.557 --> 00:18:06.901
Did they give them to me and I didn't pay for them?

496
00:18:07.463 --> 00:18:08.542
If that's the case,

497
00:18:08.667 --> 00:18:10.385
then you have an invoice,

498
00:18:10.706 --> 00:18:11.581
you owe the money.

499
00:18:12.315 --> 00:18:12.503
Now,

500
00:18:12.690 --> 00:18:17.159
if you go for these other kinds of loans that don't ask you for a promissory note,

501
00:18:17.549 --> 00:18:19.299
there's no promise to pay them back.

502
00:18:19.799 --> 00:18:21.909
And so that has to be done by a bank.

503
00:18:22.386 --> 00:18:24.427
So what they're doing is a scam,

504
00:18:24.527 --> 00:18:26.206
and that's the crime we can talk about.

505
00:18:26.626 --> 00:18:27.747
Let's go to the next question.

506
00:18:27.786 --> 00:18:28.568
You can fill in with that.

507
00:18:28.626 --> 00:18:28.767
Yeah,

508
00:18:28.806 --> 00:18:31.509
because I'm interested to know how that is scamming,

509
00:18:31.510 --> 00:18:32.431
because a lot of people,

510
00:18:32.432 --> 00:18:33.150
when I talk to this,

511
00:18:33.306 --> 00:18:33.665
you know,

512
00:18:33.947 --> 00:18:35.447
I've heard of some of this before.

513
00:18:36.228 --> 00:18:37.509
And then I had a friend of mine that said,

514
00:18:37.611 --> 00:18:37.908
yeah,

515
00:18:38.126 --> 00:18:40.306
this is exactly what's going on.

516
00:18:40.353 --> 00:18:43.978
It's kind of a scam because I have a friend that's a CPA because I will never pay my credit cards.

517
00:18:44.337 --> 00:18:45.009
Here's what I'm going to do.

518
00:18:45.290 --> 00:18:45.994
They're going to do this.

519
00:18:45.995 --> 00:18:46.790
It's going to be written off.

520
00:18:46.806 --> 00:18:47.869
And then I'm like,

521
00:18:47.870 --> 00:18:48.728
you can do that.

522
00:18:49.426 --> 00:18:54.151
So how do you begin or how do you totally nuke your alleged credit card debt then?

523
00:18:54.713 --> 00:18:54.991
Right.

524
00:18:55.510 --> 00:18:58.596
So when you enter into a bank without money,

525
00:18:59.018 --> 00:19:00.901
you expect to leave the bank with money.

526
00:19:01.221 --> 00:19:01.377
Now,

527
00:19:01.440 --> 00:19:01.776
of course,

528
00:19:01.777 --> 00:19:02.698
you're not going to go in with a gun,

529
00:19:02.776 --> 00:19:05.104
but you're going to go in for a loan.

530
00:19:05.690 --> 00:19:07.159
So let me ask you a question,

531
00:19:07.205 --> 00:19:07.471
David.

532
00:19:07.924 --> 00:19:12.471
If you apply for a loan and you're turned down,

533
00:19:12.721 --> 00:19:14.174
do you still get the loan?

534
00:19:14.471 --> 00:19:14.596
No.

535
00:19:15.018 --> 00:19:15.127
No.

536
00:19:15.893 --> 00:19:18.096
So if you're approved of it.

537
00:19:18.270 --> 00:19:21.494
then what you do is you go into the bank and you fill out loan documents.

538
00:19:22.013 --> 00:19:27.441
You have to provide proof that you actually have an income because how are you going to pay this back?

539
00:19:28.878 --> 00:19:32.582
The bank could be accused of predatory practices.

540
00:19:32.925 --> 00:19:34.793
So they have to show the judge,

541
00:19:35.089 --> 00:19:35.308
look,

542
00:19:35.652 --> 00:19:36.668
we vetted this person.

543
00:19:37.011 --> 00:19:39.449
We knew that they had an income.

544
00:19:39.574 --> 00:19:40.933
We didn't just scam people.

545
00:19:40.949 --> 00:19:42.121
We're not stealing people's money.

546
00:19:42.418 --> 00:19:45.824
They actually have a true income and they agreed to pay us back.

547
00:19:46.402 --> 00:19:47.980
Then you also have to have collateral.

548
00:19:48.538 --> 00:19:49.721
You're going to use your house,

549
00:19:50.141 --> 00:19:50.742
your car,

550
00:19:51.082 --> 00:19:51.684
or something.

551
00:19:51.744 --> 00:19:52.906
If you have a personal loan,

552
00:19:52.965 --> 00:19:55.590
you have to give up something that the bank can take away.

553
00:19:56.210 --> 00:19:58.272
and they can sell it to make their money back.

554
00:19:58.553 --> 00:20:00.356
So you have taken money from the bank.

555
00:20:00.793 --> 00:20:02.477
You've got to have some kind of collateral.

556
00:20:03.016 --> 00:20:05.356
You have to have a credit report to show some history,

557
00:20:05.903 --> 00:20:08.801
and your credit score determines your interest rate.

558
00:20:09.223 --> 00:20:12.512
But the last thing you sign is a promissory note,

559
00:20:12.824 --> 00:20:14.106
and that's the critical thing.

560
00:20:14.543 --> 00:20:17.809
You have to promise first to pay the bank.

561
00:20:17.871 --> 00:20:21.512
They have to have that in a written document so they can go to court and say,

562
00:20:21.621 --> 00:20:21.762
look,

563
00:20:21.840 --> 00:20:22.137
Judge,

564
00:20:23.215 --> 00:20:25.293
this person promised to pay us back.

565
00:20:25.554 --> 00:20:26.295
and they didn't.

566
00:20:26.735 --> 00:20:30.919
And that's their foundation of getting their money back from a loan that then went south.

567
00:20:31.641 --> 00:20:35.806
So what happens is that when you sign a promissory note,

568
00:20:35.923 --> 00:20:37.266
you're agreed to pay them.

569
00:20:38.063 --> 00:20:39.306
And that is what the

570
00:20:39.727 --> 00:20:41.212
Federal Reserve requires.

571
00:20:41.563 --> 00:20:43.829
So I want this to go to a CPA.

572
00:20:44.079 --> 00:20:46.501
I want this to go to somebody who took an accounting class.

573
00:20:46.954 --> 00:20:48.173
Because in accounting class,

574
00:20:48.313 --> 00:20:51.360
we read a book called Modern Money Mechanics.

575
00:20:51.704 --> 00:20:53.626
And that's the second link I sent to you.

576
00:20:54.188 --> 00:20:55.048
Anyone can go on

577
00:20:55.562 --> 00:20:56.062
Type it up,

578
00:20:56.262 --> 00:20:57.662
and the first place will be

579
00:20:59.003 --> 00:21:00.525
Wikipedia. We'll look at that.

580
00:21:00.526 --> 00:21:01.502
It will be the first site.

581
00:21:01.603 --> 00:21:02.982
You can just download the document,

582
00:21:03.025 --> 00:21:03.982
look on page six,

583
00:21:04.623 --> 00:21:05.802
and it says right there,

584
00:21:06.302 --> 00:21:09.802
it makes a joke that you think the bank is loaning you money.

585
00:21:10.084 --> 00:21:10.904
It starts off saying,

586
00:21:11.146 --> 00:21:11.763
ridiculous.

587
00:21:12.091 --> 00:21:14.419
We don't loan money because there's no money to loan out.

588
00:21:14.982 --> 00:21:18.451
What we do is we accept a promissory note first,

589
00:21:18.966 --> 00:21:22.982
and then we write numbers into your free checking account.

590
00:21:23.754 --> 00:21:25.295
So that's basically what they do.

591
00:21:25.535 --> 00:21:27.537
You sign a promissory note first,

592
00:21:27.959 --> 00:21:30.221
and then they write numbers into the account.

593
00:21:30.842 --> 00:21:30.959
Now,

594
00:21:31.280 --> 00:21:31.741
obviously,

595
00:21:31.920 --> 00:21:35.405
when they issue these loans and people can use the money out of their free checking account,

596
00:21:35.983 --> 00:21:41.014
it then puts more paper money into the economy and didn't take paper money out.

597
00:21:41.670 --> 00:21:43.108
And that caused inflation.

598
00:21:43.561 --> 00:21:48.498
So all you got to do is look up inflation since 1776,

599
00:21:48.936 --> 00:21:50.139
and you'll see it flat,

600
00:21:50.561 --> 00:21:51.217
straight flat,

601
00:21:51.358 --> 00:21:52.702
even with the Federal Reserve.

602
00:21:53.006 --> 00:21:55.146
Act happened in 1913.

603
00:21:55.507 --> 00:21:59.029
It took the Federal Reserve about 20 years to consolidate their power.

604
00:21:59.568 --> 00:22:06.127
And I believe that they caused the Depression to force out banks because that's the end result.

605
00:22:06.392 --> 00:22:08.970
All you do is look at what happened afterwards.

606
00:22:09.267 --> 00:22:10.314
And what happened afterwards?

607
00:22:10.705 --> 00:22:11.830
Lots of banks failed.

608
00:22:12.283 --> 00:22:17.658
And so the Federal Reserve had control and now they can implement their fractional banking.

609
00:22:18.189 --> 00:22:21.986
And that's where they play the game of having you sign a promissory note.

610
00:22:22.326 --> 00:22:24.309
and they write numbers into their checking account,

611
00:22:24.368 --> 00:22:27.789
and they're the ones that cause the inflation to be straight up crazy.

612
00:22:28.110 --> 00:22:29.414
And that's what happened during COVID.

613
00:22:29.415 --> 00:22:30.594
When they passed all that money out,

614
00:22:30.938 --> 00:22:32.297
inflation went crazy again.

615
00:22:32.813 --> 00:22:34.696
So that's the crime that they're committing.

616
00:22:35.157 --> 00:22:36.102
Just partly,

617
00:22:36.219 --> 00:22:37.579
we'll get into the other part too,

618
00:22:38.063 --> 00:22:44.313
but that's what they do is they accept your loan application.

619
00:22:44.532 --> 00:22:46.063
They fill out all your documents.

620
00:22:46.454 --> 00:22:49.829
They accept your collateral and your proof of income,

621
00:22:50.313 --> 00:22:51.954
and they check you out on your credit score.

622
00:22:52.278 --> 00:22:53.819
and then you sign a promissory note,

623
00:22:54.019 --> 00:22:55.359
and then the loan commences.

624
00:22:55.538 --> 00:22:59.359
So that's how partly the bank is scamming you.

625
00:22:59.800 --> 00:23:07.304
So what is the difference then between having the bank loan you just described and a bank-issued credit card?

626
00:23:07.320 --> 00:23:08.796
Is there a difference between those two?

627
00:23:09.609 --> 00:23:10.343
Absolutely.

628
00:23:10.765 --> 00:23:12.562
Because in the loan,

629
00:23:12.859 --> 00:23:14.577
you signed a promissory note.

630
00:23:15.109 --> 00:23:17.687
In the alleged bank-issued credit card,

631
00:23:17.890 --> 00:23:18.702
there was no loan.

632
00:23:18.890 --> 00:23:20.827
There was no promissory note.

633
00:23:21.406 --> 00:23:21.531
So...

634
00:23:22.278 --> 00:23:33.271
What happens is how you can nuke your bank-issued alleged credit card is to send the bank a letter to close your free checking account that's associated with that card.

635
00:23:33.708 --> 00:23:34.911
That's all you got to do is send a letter.

636
00:23:35.669 --> 00:23:35.888
Okay,

637
00:23:35.974 --> 00:23:38.247
so just to clarify for the audience,

638
00:23:38.435 --> 00:23:41.200
you just briefly explained how the checking account works.

639
00:23:41.982 --> 00:23:43.685
And I know one of the questions I had,

640
00:23:43.732 --> 00:23:43.904
too,

641
00:23:43.966 --> 00:23:47.857
here that I thought of before I read the questions that you had said,

642
00:23:47.888 --> 00:23:47.997
too,

643
00:23:47.998 --> 00:23:48.669
as well is.

644
00:23:49.182 --> 00:23:50.243
If that is the case,

645
00:23:50.504 --> 00:23:51.965
then if you take them to court or whatever,

646
00:23:52.705 --> 00:23:54.586
you got a statement that shows how much you owe.

647
00:23:55.508 --> 00:23:58.270
Wouldn't that stand up in the court of law to the judge and say,

648
00:23:58.371 --> 00:23:58.512
well,

649
00:23:58.535 --> 00:24:00.035
you got the statement that says you owe it,

650
00:24:00.036 --> 00:24:00.730
then you got to pay it.

651
00:24:01.152 --> 00:24:01.434
Right.

652
00:24:01.957 --> 00:24:02.293
And that's,

653
00:24:02.355 --> 00:24:02.652
again,

654
00:24:02.777 --> 00:24:04.059
you have your CPA,

655
00:24:04.457 --> 00:24:05.457
your expert witness,

656
00:24:05.473 --> 00:24:09.004
that's going to explain to the judge that a statement is not a bill.

657
00:24:09.816 --> 00:24:14.973
I had a job first time and I had the controller come to me and say,

658
00:24:15.535 --> 00:24:17.785
if you pay from a statement,

659
00:24:17.863 --> 00:24:18.426
you'll be fired.

660
00:24:19.378 --> 00:24:21.680
We only pay from invoices.

661
00:24:21.961 --> 00:24:23.524
We don't look at statements.

662
00:24:23.762 --> 00:24:24.703
We might've missed something,

663
00:24:24.883 --> 00:24:25.563
so look at it.

664
00:24:26.063 --> 00:24:30.125
But we do not pay from statements because maybe the bill crossed.

665
00:24:30.446 --> 00:24:31.047
We don't know.

666
00:24:31.508 --> 00:24:33.008
They're claiming it's this much,

667
00:24:33.094 --> 00:24:35.071
but we know they shorted us.

668
00:24:35.555 --> 00:24:39.758
And so my inventory person rewrote the amount that's due.

669
00:24:40.180 --> 00:24:43.102
And so you don't write out a check from that statement.

670
00:24:43.696 --> 00:24:44.930
So think about this.

671
00:24:45.024 --> 00:24:46.180
You have a checking account,

672
00:24:46.352 --> 00:24:47.446
a normal checking account.

673
00:24:47.711 --> 00:24:48.852
you receive a monthly

674
00:24:49.234 --> 00:24:49.715
statement,

675
00:24:49.915 --> 00:24:51.678
now by email that used to come in the mail.

676
00:24:52.159 --> 00:24:52.319
Now,

677
00:24:52.421 --> 00:24:53.243
is that a bill?

678
00:24:53.743 --> 00:24:53.864
No.

679
00:24:54.484 --> 00:24:54.604
No,

680
00:24:54.965 --> 00:24:55.085
no,

681
00:24:55.125 --> 00:24:55.845
that's not a bill.

682
00:24:56.246 --> 00:24:57.848
It shows what you started with,

683
00:24:58.247 --> 00:24:59.149
your deposits,

684
00:24:59.430 --> 00:25:00.270
your charges,

685
00:25:00.348 --> 00:25:00.969
your checks,

686
00:25:01.091 --> 00:25:02.270
your debit card usage,

687
00:25:02.692 --> 00:25:04.591
and then other fees can be taken out,

688
00:25:04.614 --> 00:25:05.333
all kinds of stuff.

689
00:25:05.614 --> 00:25:06.794
And you have an ending balance.

690
00:25:06.795 --> 00:25:08.317
So it's the same exact thing.

691
00:25:08.942 --> 00:25:12.458
What banks do is they advertise to get you as a customer.

692
00:25:12.927 --> 00:25:13.208
Okay.

693
00:25:14.067 --> 00:25:15.958
And they have an advertising budget.

694
00:25:16.286 --> 00:25:19.723
So they have money to spend to get you to be a customer.

695
00:25:20.427 --> 00:25:20.864
Years ago,

696
00:25:21.052 --> 00:25:23.520
they would give you a toaster or a wall clock.

697
00:25:23.704 --> 00:25:24.925
to get you into the bank.

698
00:25:25.725 --> 00:25:29.086
And one time the bank had an ad that said,

699
00:25:29.164 --> 00:25:30.004
come into our bank,

700
00:25:30.406 --> 00:25:31.828
deposit $25,

701
00:25:32.445 --> 00:25:33.562
and in 90 days,

702
00:25:33.750 --> 00:25:34.609
we'll match it.

703
00:25:35.187 --> 00:25:36.047
And that's what I did.

704
00:25:36.406 --> 00:25:37.726
I took my $25.

705
00:25:38.148 --> 00:25:39.742
They happily took my $25.

706
00:25:40.148 --> 00:25:41.992
And in 91 days,

707
00:25:42.164 --> 00:25:43.148
I went into the bank,

708
00:25:43.492 --> 00:25:44.742
withdrew $50,

709
00:25:45.101 --> 00:25:46.055
and closed the account.

710
00:25:46.773 --> 00:25:47.523
I got a question for you,

711
00:25:47.524 --> 00:25:47.789
David.

712
00:25:48.242 --> 00:25:49.805
Did I rip off the bank?

713
00:25:50.164 --> 00:25:50.883
So some of them would say,

714
00:25:50.930 --> 00:25:51.289
yeah.

715
00:25:51.414 --> 00:25:51.836
Some would say,

716
00:25:51.883 --> 00:25:52.133
yes.

717
00:25:52.620 --> 00:25:53.361
The bank said,

718
00:25:53.501 --> 00:25:57.665
if you come into our bank and deposit $25 and keep it there 90 days,

719
00:25:58.204 --> 00:25:58.727
which I did,

720
00:25:59.286 --> 00:26:00.970
you can draw out the $50.

721
00:26:01.290 --> 00:26:01.407
Oh,

722
00:26:01.408 --> 00:26:01.993
then in that case,

723
00:26:02.048 --> 00:26:02.173
no.

724
00:26:02.649 --> 00:26:02.907
Yeah.

725
00:26:03.329 --> 00:26:04.212
I took advantage.

726
00:26:04.227 --> 00:26:04.470
Okay.

727
00:26:04.509 --> 00:26:05.696
I took advantage of the bank.

728
00:26:05.892 --> 00:26:06.290
Oh,

729
00:26:06.352 --> 00:26:08.071
are you going to cry about that?

730
00:26:08.571 --> 00:26:12.681
So that's what they do is they induce you to come in.

731
00:26:12.682 --> 00:26:14.399
They'll even give you money.

732
00:26:15.024 --> 00:26:19.243
And that's my whole argument to the judge that's through the,

733
00:26:19.759 --> 00:26:21.946
to your CPA expert witness is going to say.

734
00:26:22.496 --> 00:26:27.482
that what happened is you received a $500 credit card,

735
00:26:27.580 --> 00:26:30.162
but actually it was a gift card.

736
00:26:30.986 --> 00:26:32.463
You applied for a card,

737
00:26:32.947 --> 00:26:33.869
you were approved,

738
00:26:34.189 --> 00:26:36.088
and they gave you the card.

739
00:26:36.893 --> 00:26:37.893
There was no loan.

740
00:26:38.150 --> 00:26:39.307
There was no purchase.

741
00:26:39.853 --> 00:26:40.978
They mailed it to you.

742
00:26:41.197 --> 00:26:44.572
So we always say the bank gave me a credit card.

743
00:26:44.791 --> 00:26:45.041
Right.

744
00:26:45.385 --> 00:26:47.916
But what we call a gift is called a gift card.

745
00:26:48.416 --> 00:26:50.057
So even though it's disguised,

746
00:26:50.228 --> 00:26:51.666
and that's the true crime.

747
00:26:52.140 --> 00:26:53.722
The bank is lying to you,

748
00:26:54.181 --> 00:26:55.763
putting credit card on there.

749
00:26:56.224 --> 00:26:59.247
So when I went in and a judge called me in to,

750
00:26:59.466 --> 00:27:00.810
because he saw the complaint,

751
00:27:00.888 --> 00:27:02.529
he knew I knew what was going on.

752
00:27:02.607 --> 00:27:03.935
He's there to defend the banks.

753
00:27:04.435 --> 00:27:05.451
So he said,

754
00:27:05.794 --> 00:27:05.935
oh,

755
00:27:06.052 --> 00:27:06.271
Mr.

756
00:27:06.310 --> 00:27:06.576
Cabadry,

757
00:27:06.577 --> 00:27:07.552
do you have a credit card?

758
00:27:08.638 --> 00:27:08.810
Well,

759
00:27:09.310 --> 00:27:09.435
no,

760
00:27:09.857 --> 00:27:10.935
you can't start there.

761
00:27:11.060 --> 00:27:12.701
You got to start back with a gift card.

762
00:27:13.107 --> 00:27:13.294
Oh,

763
00:27:13.341 --> 00:27:14.247
we'll get to that later.

764
00:27:14.544 --> 00:27:15.826
And then did you use the card?

765
00:27:15.997 --> 00:27:16.138
Yeah.

766
00:27:16.185 --> 00:27:17.029
Did you get a statement?

767
00:27:17.044 --> 00:27:17.247
Yeah.

768
00:27:17.341 --> 00:27:20.122
And there I went down the hole and he said,

769
00:27:20.169 --> 00:27:20.732
you're crazy.

770
00:27:20.951 --> 00:27:21.591
Get out of here.

771
00:27:22.336 --> 00:27:23.757
But then a month later,

772
00:27:24.097 --> 00:27:27.021
I looked at my credit report and those three things were gone.

773
00:27:27.541 --> 00:27:28.681
They didn't come after me.

774
00:27:28.841 --> 00:27:29.783
They could have sued me.

775
00:27:29.802 --> 00:27:30.947
They sue everybody else.

776
00:27:30.963 --> 00:27:33.025
They could have gotten $85,000.

777
00:27:33.026 --> 00:27:33.923
And simple enough,

778
00:27:33.986 --> 00:27:35.345
they could have just written out a

779
00:27:36.369 --> 00:27:41.970
1099-C, which is sent to the IRS to tell them that I made a gain.

780
00:27:42.283 --> 00:27:47.377
I got $85,000 cash from the banks and I didn't pay it back.

781
00:27:48.173 --> 00:27:51.970
They get to take an $85,000 tax deduction.

782
00:27:52.544 --> 00:27:54.725
So everything has got to be equal.

783
00:27:55.206 --> 00:27:56.387
So that's what happens.

784
00:27:56.388 --> 00:27:56.870
It bounds out.

785
00:27:56.909 --> 00:27:57.049
Now,

786
00:27:57.171 --> 00:27:58.530
why didn't they send one?

787
00:27:59.049 --> 00:28:00.112
In my pleading,

788
00:28:00.413 --> 00:28:00.796
I said,

789
00:28:00.952 --> 00:28:01.631
if they do,

790
00:28:02.092 --> 00:28:02.756
I'm going to file a

791
00:28:03.936 --> 00:28:05.780
3949A, which is an IRS form,

792
00:28:05.897 --> 00:28:07.756
about fraudulent filings.

793
00:28:08.139 --> 00:28:10.616
So now I've got the bank fraudulently filing,

794
00:28:11.006 --> 00:28:14.819
committing a tax evasion and tax fraud.

795
00:28:15.225 --> 00:28:16.366
So they didn't want to do that.

796
00:28:16.475 --> 00:28:18.506
So that's where the judge threw it out,

797
00:28:18.928 --> 00:28:20.116
and I had no place to go.

798
00:28:20.712 --> 00:28:22.133
And that's the reason

799
00:28:22.832 --> 00:28:23.873
I just figured this out.

800
00:28:23.874 --> 00:28:26.033
Because I was going to have a podcast with an attorney.

801
00:28:26.713 --> 00:28:26.974
And

802
00:28:27.455 --> 00:28:28.095
I was going to go,

803
00:28:29.072 --> 00:28:29.197
oh,

804
00:28:29.338 --> 00:28:30.291
you know what's going to happen?

805
00:28:30.533 --> 00:28:31.556
That's going to happen to you.

806
00:28:32.236 --> 00:28:35.955
You take this client into the courtroom with my story.

807
00:28:36.314 --> 00:28:37.056
The judge is going to say,

808
00:28:37.134 --> 00:28:37.369
Mr.

809
00:28:37.416 --> 00:28:37.869
Counselor,

810
00:28:38.072 --> 00:28:39.009
do you have a credit card?

811
00:28:39.369 --> 00:28:40.009
And what are you going to say?

812
00:28:40.197 --> 00:28:41.041
Do you use a card?

813
00:28:41.197 --> 00:28:41.369
Yes.

814
00:28:41.370 --> 00:28:42.603
Do you get a statement at the end of the month?

815
00:28:42.604 --> 00:28:42.713
Yes.

816
00:28:42.714 --> 00:28:43.275
Is that a bill?

817
00:28:43.353 --> 00:28:43.619
Yeah.

818
00:28:43.681 --> 00:28:44.509
But what if you don't pay?

819
00:28:44.900 --> 00:28:46.056
I'd be right here in front of you.

820
00:28:46.478 --> 00:28:47.572
Exactly.

821
00:28:48.181 --> 00:28:49.572
And now I find you.

822
00:28:50.492 --> 00:28:53.412
have committed fraud on the court.

823
00:28:53.774 --> 00:28:55.055
You have deceived your client.

824
00:28:55.492 --> 00:28:56.895
And so that's in my book.

825
00:28:56.992 --> 00:28:58.793
So this whole scenario runs through.

826
00:28:59.215 --> 00:29:08.278
So that's why the attorneys that I hired to help me would sabotage at the last minute back out because they couldn't face the judge doing that.

827
00:29:08.903 --> 00:29:10.778
But that's why you do it yourself.

828
00:29:11.340 --> 00:29:14.215
But I actually have a better way because you don't even file.

829
00:29:14.496 --> 00:29:16.731
It looks like you file it with the court.

830
00:29:17.074 --> 00:29:18.574
You don't have a docket number.

831
00:29:18.760 --> 00:29:20.142
but you got all the paperwork.

832
00:29:20.201 --> 00:29:23.825
So I have it all figured out how to survive like I did.

833
00:29:24.384 --> 00:29:26.329
So the $500 gift card,

834
00:29:27.048 --> 00:29:27.728
you receive it.

835
00:29:27.970 --> 00:29:28.907
So what'd you do with it?

836
00:29:29.329 --> 00:29:31.954
You went to Home Depot and you bought a toilet,

837
00:29:32.072 --> 00:29:32.454
let's say,

838
00:29:32.634 --> 00:29:33.712
a golden throne.

839
00:29:34.634 --> 00:29:37.595
So you're walking out of your toilet and the person at the door said,

840
00:29:37.626 --> 00:29:37.736
hey,

841
00:29:37.751 --> 00:29:38.032
wait a second,

842
00:29:38.033 --> 00:29:38.814
did you pay for that?

843
00:29:39.236 --> 00:29:40.267
And you have a receipt.

844
00:29:41.282 --> 00:29:41.439
Now,

845
00:29:42.767 --> 00:29:43.704
are you going to get...

846
00:29:44.358 --> 00:29:49.563
A statement from Home Depot with an outstanding unpaid invoice.

847
00:29:50.102 --> 00:29:50.223
No.

848
00:29:50.946 --> 00:29:51.063
No,

849
00:29:51.485 --> 00:29:52.208
they were paid.

850
00:29:52.309 --> 00:29:53.145
They were paid by who?

851
00:29:53.528 --> 00:29:54.044
The bank.

852
00:29:54.505 --> 00:29:56.387
They were paid that night or the next day.

853
00:29:56.934 --> 00:29:57.090
Well,

854
00:29:57.091 --> 00:29:57.934
where'd they get the money?

855
00:29:58.411 --> 00:30:01.356
They got the money from their advertising budget.

856
00:30:01.653 --> 00:30:04.762
The whole point was to get you as a customer.

857
00:30:05.497 --> 00:30:10.200
They sent you a statement that only showed the statement of your gift card.

858
00:30:10.637 --> 00:30:11.762
But you thought it was a bill.

859
00:30:12.012 --> 00:30:12.778
They lied to you.

860
00:30:13.122 --> 00:30:13.762
So you.

861
00:30:14.226 --> 00:30:15.167
When it was a good person,

862
00:30:15.367 --> 00:30:16.549
honest and moral,

863
00:30:16.850 --> 00:30:19.451
you wrote a $500 check out and mailed it to the bank.

864
00:30:20.252 --> 00:30:20.432
Now,

865
00:30:20.693 --> 00:30:22.275
this is something important.

866
00:30:23.236 --> 00:30:26.939
When you send money to the bank and you put it in your checking account,

867
00:30:26.979 --> 00:30:27.736
your savings account,

868
00:30:27.900 --> 00:30:29.900
that's actually technically a loan.

869
00:30:30.682 --> 00:30:33.307
You have loaned your money to the bank.

870
00:30:33.947 --> 00:30:35.807
The banks are only involved in loans.

871
00:30:36.010 --> 00:30:38.572
Either you take money out of the bank by a loan,

872
00:30:38.885 --> 00:30:41.947
or you put money into the bank and that's considered a loan.

873
00:30:42.619 --> 00:30:43.682
When you spend it,

874
00:30:44.098 --> 00:30:48.302
It's the obligation that the bank has to you is less and less and less.

875
00:30:49.063 --> 00:30:54.810
So the time you sent that $500 was the first time the bank ever counted your money,

876
00:30:55.271 --> 00:30:56.591
put it into that account.

877
00:30:56.810 --> 00:30:59.153
And from that point forward,

878
00:30:59.755 --> 00:31:04.052
every purchase that you have made has been with your own money.

879
00:31:05.036 --> 00:31:07.755
You have paid the bank thinking it was a bill.

880
00:31:08.021 --> 00:31:08.146
No,

881
00:31:08.958 --> 00:31:10.599
you're just filling up your checking account.

882
00:31:11.083 --> 00:31:12.208
But here's the scam.

883
00:31:12.678 --> 00:31:14.661
They're charging you interest on that,

884
00:31:14.780 --> 00:31:16.582
not up to $500.

885
00:31:16.703 --> 00:31:19.063
Who says I got to keep $500 in my checking account?

886
00:31:19.403 --> 00:31:19.766
They do.

887
00:31:20.125 --> 00:31:20.864
And if you don't,

888
00:31:21.168 --> 00:31:22.364
they're going to charge you interest.

889
00:31:23.067 --> 00:31:24.332
Then you have late fees,

890
00:31:24.926 --> 00:31:25.770
overdraft fees,

891
00:31:26.075 --> 00:31:26.793
annual fees,

892
00:31:27.012 --> 00:31:30.411
all this on a free checking account.

893
00:31:31.254 --> 00:31:31.942
So the bank,

894
00:31:31.973 --> 00:31:32.739
you can type it up.

895
00:31:32.786 --> 00:31:33.692
I looked it up recently.

896
00:31:33.942 --> 00:31:34.254
I said,

897
00:31:34.286 --> 00:31:36.989
how much does the bank average make on every cardholder?

898
00:31:37.364 --> 00:31:40.551
And the answer is $23.04.

899
00:31:41.030 --> 00:31:43.872
So if a bank has a million cardholders,

900
00:31:44.173 --> 00:31:47.895
they're bringing in $23 million a month.

901
00:31:48.759 --> 00:31:52.661
And I calculated that to be about one-fourth of their whole profits.

902
00:31:53.302 --> 00:31:56.169
So their profit is being on this true crime,

903
00:31:56.528 --> 00:31:58.841
which I finally realized with your podcast,

904
00:31:58.842 --> 00:32:00.575
I'm now saying that now from now on,

905
00:32:00.966 --> 00:32:07.434
the true crime is that they are charging people $23.04 for a free checking account.

906
00:32:08.013 --> 00:32:09.153
And that's how they make the money.

907
00:32:09.494 --> 00:32:11.096
And that's what you can do with your letter,

908
00:32:11.596 --> 00:32:18.582
asking them to close your free checking account associated with that alleged bank-issued alleged credit card.

909
00:32:18.981 --> 00:32:19.106
Now,

910
00:32:19.145 --> 00:32:20.481
before we get into what the letter says,

911
00:32:20.543 --> 00:32:23.043
I have to ask this one and go back about the credit cards,

912
00:32:23.067 --> 00:32:25.129
because I know a lot of my audience have these.

913
00:32:25.528 --> 00:32:27.168
They get socked for it all the time.

914
00:32:27.215 --> 00:32:28.371
I just use the most popular one,

915
00:32:29.012 --> 00:32:29.559
Best Buy.

916
00:32:29.575 --> 00:32:30.762
So you go into Best Buy,

917
00:32:31.137 --> 00:32:34.012
you want to buy a brand new computer that costs $3,000.

918
00:32:34.013 --> 00:32:34.278
They say,

919
00:32:34.279 --> 00:32:34.465
hey,

920
00:32:34.559 --> 00:32:36.325
we got these great financial options.

921
00:32:37.043 --> 00:32:37.981
You can get this Best Buy.

922
00:32:38.066 --> 00:32:41.167
credit card and we're going to give you 12 months no interest.

923
00:32:41.587 --> 00:32:47.206
Does those type of cards fall underneath the exact same thing being that they are backed up by a bank?

924
00:32:47.589 --> 00:32:49.831
Just look at the back of that card.

925
00:32:50.432 --> 00:32:54.229
If that card there from that electronic store is issued by

926
00:32:54.792 --> 00:32:55.495
Bank of America,

927
00:32:55.948 --> 00:32:56.573
Citibank,

928
00:32:56.917 --> 00:32:57.432
Wells Fargo,

929
00:32:57.526 --> 00:32:58.589
that's a phony bank.

930
00:32:59.010 --> 00:33:07.245
That's a scheme to get you to be a customer of the bank and they're willing to give you thousands and thousands because they know they're going to make

931
00:33:07.414 --> 00:33:11.057
$23.04 every month for the next 20,

932
00:33:11.178 --> 00:33:11.897
30 years.

933
00:33:12.178 --> 00:33:13.401
So they're way ahead of the gate.

934
00:33:13.780 --> 00:33:14.682
That is crazy.

935
00:33:14.780 --> 00:33:15.081
I've never,

936
00:33:15.202 --> 00:33:15.963
I've never known that.

937
00:33:16.026 --> 00:33:16.221
Okay.

938
00:33:16.222 --> 00:33:17.323
That brings this question then,

939
00:33:18.104 --> 00:33:25.885
because usually the poorly financed or the people with the worst credit is usually the most easiest targets.

940
00:33:26.479 --> 00:33:27.698
So why is it still,

941
00:33:27.729 --> 00:33:31.010
if they're making this $23 plus change offer of every customer,

942
00:33:31.557 --> 00:33:35.948
why is it still hard for people with poor credit scores to obtain credit cards?

943
00:33:36.442 --> 00:33:36.622
Well,

944
00:33:36.662 --> 00:33:38.803
they can charge them higher interest,

945
00:33:39.063 --> 00:33:40.963
but here's the best thing for you.

946
00:33:41.643 --> 00:33:43.444
I have been off grid for about

947
00:33:43.944 --> 00:33:44.608
10 years.

948
00:33:44.983 --> 00:33:46.701
I had no credit score.

949
00:33:46.865 --> 00:33:48.147
I had no credit report.

950
00:33:48.264 --> 00:33:51.701
It was completely blank because I dropped off the face of the earth.

951
00:33:52.147 --> 00:33:52.545
As I said,

952
00:33:52.561 --> 00:33:53.530
I thought I was going to die.

953
00:33:53.905 --> 00:33:54.701
They're on the farms.

954
00:33:54.748 --> 00:33:55.373
Just let me be.

955
00:33:55.514 --> 00:33:56.967
I didn't even venture out.

956
00:33:57.530 --> 00:34:00.545
About 12 times I left the farm in six years.

957
00:34:02.166 --> 00:34:03.206
I recently,

958
00:34:03.466 --> 00:34:04.647
about nine months ago,

959
00:34:04.787 --> 00:34:07.166
applied for a credit card with Capital One.

960
00:34:07.768 --> 00:34:08.307
And you know what?

961
00:34:08.568 --> 00:34:14.686
They sent me a $500 credit card with no score and with no credit report.

962
00:34:15.311 --> 00:34:15.451
Now,

963
00:34:16.233 --> 00:34:17.131
can that happen?

964
00:34:17.326 --> 00:34:18.834
You can't do that without a credit.

965
00:34:19.412 --> 00:34:21.303
I was a previous customer.

966
00:34:21.787 --> 00:34:24.709
They still had me in their system.

967
00:34:25.178 --> 00:34:26.553
And that's one of the banks

968
00:34:26.975 --> 00:34:31.459
I sued in federal court for $35,000.

969
00:34:31.622 --> 00:34:33.847
So they gave me a credit card,

970
00:34:34.366 --> 00:34:34.788
even though

971
00:34:35.269 --> 00:34:35.831
I assumed them.

972
00:34:36.108 --> 00:34:39.476
But I must have been on good terms,

973
00:34:40.097 --> 00:34:40.378
right?

974
00:34:40.581 --> 00:34:42.144
Because how would I have gotten a credit card?

975
00:34:42.145 --> 00:34:45.667
They didn't blacklist me or put me on a list that says you can't get a credit card.

976
00:34:46.131 --> 00:34:46.792
Is anyone?

977
00:34:47.012 --> 00:34:52.757
So now I have it up to 703 because there's ways of raising your credit score.

978
00:34:52.776 --> 00:34:53.921
So do I have a credit card?

979
00:34:54.257 --> 00:34:54.499
Yes.

980
00:34:54.757 --> 00:34:55.882
Do I use the credit card?

981
00:34:56.241 --> 00:34:56.882
Absolutely.

982
00:34:56.983 --> 00:34:57.663
10%

983
00:34:57.866 --> 00:34:59.382
every month to get my score higher.

984
00:34:59.405 --> 00:35:00.569
I like to get in the 800.

985
00:35:00.944 --> 00:35:01.866
What are you doing that for?

986
00:35:02.460 --> 00:35:03.991
You never know when you might be credit,

987
00:35:04.022 --> 00:35:06.116
might be a business opportunity come my way.

988
00:35:06.194 --> 00:35:07.647
So I like to have a score of 800.

989
00:35:08.147 --> 00:35:08.272
So

990
00:35:08.913 --> 00:35:10.741
I do understand it's a scam.

991
00:35:11.069 --> 00:35:11.694
It's all things.

992
00:35:12.179 --> 00:35:12.913
But my mother,

993
00:35:13.491 --> 00:35:15.460
she had a credit card for what?

994
00:35:16.011 --> 00:35:16.272
50,

995
00:35:16.412 --> 00:35:17.052
60 years,

996
00:35:17.493 --> 00:35:19.314
never once paid interest,

997
00:35:19.394 --> 00:35:20.797
never paid a dime to them.

998
00:35:21.277 --> 00:35:22.277
So for her,

999
00:35:22.558 --> 00:35:23.976
she had zero costs.

1000
00:35:24.758 --> 00:35:26.039
But then on the other side,

1001
00:35:26.164 --> 00:35:27.359
other people pay a lot more.

1002
00:35:27.726 --> 00:35:30.664
So that's where they work after the poor because they need the money,

1003
00:35:30.789 --> 00:35:31.750
they need to survive.

1004
00:35:31.765 --> 00:35:32.781
So they give them a little bit,

1005
00:35:33.312 --> 00:35:34.547
but it's not a loss.

1006
00:35:34.548 --> 00:35:36.609
This is from their advertising budget.

1007
00:35:36.828 --> 00:35:38.375
So as long as they get something out of them,

1008
00:35:38.531 --> 00:35:39.750
it's just the law of averages.

1009
00:35:39.890 --> 00:35:43.172
That's the game they're playing is get everybody in as a credit user.

1010
00:35:43.659 --> 00:35:44.259
And they'll use them,

1011
00:35:44.279 --> 00:35:45.440
abuse them as best they can.

1012
00:35:45.940 --> 00:35:46.059
Yeah,

1013
00:35:46.060 --> 00:35:48.981
because I have started seeing over like the last 10 years or so,

1014
00:35:49.922 --> 00:35:50.739
back when I was younger,

1015
00:35:50.821 --> 00:35:52.098
if you had a poor credit rating,

1016
00:35:52.137 --> 00:35:52.637
it was just,

1017
00:35:52.864 --> 00:35:52.981
no,

1018
00:35:53.184 --> 00:35:54.200
you're not getting anything.

1019
00:35:54.223 --> 00:35:55.965
You can even go and get a decent car.

1020
00:35:56.762 --> 00:35:56.942
Now,

1021
00:35:57.161 --> 00:35:57.942
like you said,

1022
00:35:58.121 --> 00:36:00.090
they've changed that lingo with saying,

1023
00:36:00.168 --> 00:36:00.309
OK,

1024
00:36:00.496 --> 00:36:00.668
well,

1025
00:36:00.700 --> 00:36:01.840
we'll give you this card.

1026
00:36:02.403 --> 00:36:05.481
But if the person with good credit pays 18 percent,

1027
00:36:05.918 --> 00:36:06.809
what is going to charge you?

1028
00:36:06.825 --> 00:36:07.887
Thirty five percent.

1029
00:36:08.246 --> 00:36:09.668
So they made the extra bit of money.

1030
00:36:09.918 --> 00:36:11.559
And then the way I look at it is.

1031
00:36:12.103 --> 00:36:15.326
If that person with bad credit happens to default on that card,

1032
00:36:15.908 --> 00:36:18.849
they've already made so much money off of them at that point,

1033
00:36:18.888 --> 00:36:20.373
especially with the higher interest rate.

1034
00:36:20.388 --> 00:36:22.170
If they only paid it for a couple of months,

1035
00:36:23.177 --> 00:36:24.716
they pretty much wiped off their loss.

1036
00:36:24.834 --> 00:36:26.279
Am I right about that?

1037
00:36:26.318 --> 00:36:26.474
Yeah.

1038
00:36:26.857 --> 00:36:30.224
And let's say the poor person runs up a $1,000 credit card.

1039
00:36:30.521 --> 00:36:32.302
It's not a big deal for that.

1040
00:36:32.381 --> 00:36:35.740
Let's say someone who's got a business that runs it up $100,000.

1041
00:36:35.943 --> 00:36:36.099
Now,

1042
00:36:36.349 --> 00:36:36.849
remember,

1043
00:36:37.131 --> 00:36:38.724
the bank took no loss.

1044
00:36:39.677 --> 00:36:41.318
They initially set them up.

1045
00:36:41.827 --> 00:36:57.650
to get the credit card as a as a phony uh gift card okay so that was from their advertising budget once they got them in they can raise their credit uh limit which again gives them money i know but again it's from the advertising budget but

1046
00:36:57.673 --> 00:37:06.580
then what happens is that um they will be paying that 2304 every month let's say they go south then they get to sue them

1047
00:37:07.199 --> 00:37:10.122
And so the process is automatic.

1048
00:37:10.202 --> 00:37:11.003
It's in my book.

1049
00:37:11.083 --> 00:37:13.044
It's very entertaining that this is,

1050
00:37:13.524 --> 00:37:14.888
I have seen this for years.

1051
00:37:14.966 --> 00:37:16.649
I've been in court for years with my clients.

1052
00:37:16.688 --> 00:37:21.352
I had a charity that I rebranded to help people's credit report.

1053
00:37:21.790 --> 00:37:25.360
And some of the people had credit card debt.

1054
00:37:25.735 --> 00:37:27.173
So I would write a letter to the bank.

1055
00:37:27.485 --> 00:37:28.298
It would be forgotten,

1056
00:37:28.563 --> 00:37:29.298
given no

1057
00:37:30.048 --> 00:37:31.720
1099C because I knew what to say.

1058
00:37:32.345 --> 00:37:32.470
Now,

1059
00:37:32.563 --> 00:37:33.860
some of the bigger amounts,

1060
00:37:34.204 --> 00:37:35.360
the bank did push back.

1061
00:37:35.511 --> 00:37:38.113
And that's where I would have them represent themselves,

1062
00:37:38.514 --> 00:37:39.537
which was not a problem.

1063
00:37:39.717 --> 00:37:40.818
Because now when a judge says,

1064
00:37:40.838 --> 00:37:41.756
do you get a credit card?

1065
00:37:42.076 --> 00:37:42.197
No,

1066
00:37:42.279 --> 00:37:43.197
I never got a credit card.

1067
00:37:43.338 --> 00:37:44.303
You didn't get a credit card?

1068
00:37:44.623 --> 00:37:44.740
No,

1069
00:37:44.842 --> 00:37:45.623
I got a gift card.

1070
00:37:45.959 --> 00:37:46.084
So,

1071
00:37:46.279 --> 00:37:48.240
but then I have my CPA explain it to you.

1072
00:37:48.264 --> 00:37:51.349
So you weren't held that same standard as an attorney.

1073
00:37:52.232 --> 00:37:53.592
So what happens,

1074
00:37:53.810 --> 00:37:57.732
you do is the bank then issues a

1075
00:37:58.795 --> 00:38:01.217
1099C and that's the biggest fraud.

1076
00:38:01.295 --> 00:38:01.592
Again,

1077
00:38:01.670 --> 00:38:02.545
another crime.

1078
00:38:03.083 --> 00:38:04.423
There was no loan to you.

1079
00:38:04.603 --> 00:38:07.803
So they got somebody with $85,000 of credit card debt.

1080
00:38:07.823 --> 00:38:09.163
They send a 1099-C to.

1081
00:38:09.565 --> 00:38:11.264
And they got someone who's got $1,000.

1082
00:38:11.288 --> 00:38:11.905
They send them a

1083
00:38:12.444 --> 00:38:12.569
1099-C.

1084
00:38:13.381 --> 00:38:16.889
All this money is tax deductions off their profits.

1085
00:38:17.288 --> 00:38:20.014
So the banks do not pay their fair share.

1086
00:38:20.514 --> 00:38:22.045
They're falsely filing these

1087
00:38:22.827 --> 00:38:24.780
1099-C, which everybody accepts.

1088
00:38:25.842 --> 00:38:27.764
I met an attorney in San Diego,

1089
00:38:28.108 --> 00:38:31.670
and he would sue class action-wise each bank.

1090
00:38:32.131 --> 00:38:33.653
on a rotational basis.

1091
00:38:33.773 --> 00:38:34.573
I figured it out.

1092
00:38:34.574 --> 00:38:36.573
He was doing about every two years,

1093
00:38:36.874 --> 00:38:38.116
he would hit up one bank.

1094
00:38:38.456 --> 00:38:39.437
And then three months later,

1095
00:38:39.456 --> 00:38:40.456
he did the next bank.

1096
00:38:41.003 --> 00:38:42.198
I read his pleading.

1097
00:38:42.784 --> 00:38:43.363
And he said,

1098
00:38:43.425 --> 00:38:43.902
basically,

1099
00:38:44.222 --> 00:38:45.581
they're saying it's fraudulent.

1100
00:38:46.425 --> 00:38:47.527
And then he said,

1101
00:38:48.308 --> 00:38:49.808
and when they negotiated a settlement,

1102
00:38:49.870 --> 00:38:54.995
he got $85,000 for his legal fees that bank would pay him.

1103
00:38:55.308 --> 00:38:59.761
So he was getting a check every three months for about $85,000 by the banks.

1104
00:38:59.777 --> 00:39:01.058
And he would pull these people together.

1105
00:39:01.867 --> 00:39:05.830
But what would happen to these people is they would get bad credit and they would get a

1106
00:39:06.533 --> 00:39:09.033
1099C. So the bank was ahead of the game.

1107
00:39:09.455 --> 00:39:11.494
They didn't care about paying this.

1108
00:39:11.978 --> 00:39:14.439
And so I tried to explain it to him that he could work up.

1109
00:39:14.501 --> 00:39:15.705
He didn't want to hear anything from me.

1110
00:39:16.040 --> 00:39:16.158
So

1111
00:39:16.720 --> 00:39:18.361
I had to walk out of his office going,

1112
00:39:18.439 --> 00:39:18.767
okay,

1113
00:39:19.283 --> 00:39:20.080
he's got a gig.

1114
00:39:20.533 --> 00:39:22.486
He doesn't have to worry about the judge saying,

1115
00:39:22.487 --> 00:39:23.908
do you have a credit card and stuff like that.

1116
00:39:23.955 --> 00:39:26.705
So maybe he wasn't that stupid.

1117
00:39:26.767 --> 00:39:28.080
I thought he was all these years.

1118
00:39:28.330 --> 00:39:29.830
So I can understand it now.

1119
00:39:30.379 --> 00:39:30.499
Well,

1120
00:39:30.500 --> 00:39:32.201
while this is a wealth of information,

1121
00:39:32.300 --> 00:39:35.244
I could probably be with you all night because this is fascinating stuff.

1122
00:39:35.845 --> 00:39:36.666
But in closing,

1123
00:39:36.763 --> 00:39:40.310
let's talk about what is in the letter that you send to the bank.

1124
00:39:41.052 --> 00:39:42.849
So if you have just a little bit.

1125
00:39:43.611 --> 00:39:44.972
of bank issued.

1126
00:39:45.093 --> 00:39:45.312
Again,

1127
00:39:45.313 --> 00:39:47.455
I keep focusing on bank issued,

1128
00:39:47.556 --> 00:39:48.678
not store issued.

1129
00:39:48.697 --> 00:39:50.959
And you can tell the difference right on the back of the card.

1130
00:39:51.119 --> 00:39:52.279
If it's a bank issued,

1131
00:39:52.842 --> 00:39:53.521
that can mean.

1132
00:39:54.185 --> 00:39:54.599
But you see,

1133
00:39:54.623 --> 00:39:59.404
the problem is that if you have a checking account and you go in and close it,

1134
00:39:59.428 --> 00:39:59.685
they say,

1135
00:39:59.842 --> 00:40:00.373
oh,

1136
00:40:00.389 --> 00:40:01.404
here's your money back.

1137
00:40:02.029 --> 00:40:02.982
And they close the account,

1138
00:40:03.373 --> 00:40:03.607
right?

1139
00:40:04.670 --> 00:40:05.779
This checking account,

1140
00:40:05.920 --> 00:40:07.576
they keep the money.

1141
00:40:07.920 --> 00:40:09.310
They keep your deposit.

1142
00:40:09.514 --> 00:40:09.982
Again,

1143
00:40:10.217 --> 00:40:11.420
another true crime.

1144
00:40:11.607 --> 00:40:13.508
I can't believe that I'm talking to you about this.

1145
00:40:13.529 --> 00:40:14.110
This is like one,

1146
00:40:14.430 --> 00:40:15.833
I'm getting realizations right now,

1147
00:40:15.911 --> 00:40:16.692
what I'm saying to you.

1148
00:40:17.071 --> 00:40:18.512
So here's another crime.

1149
00:40:19.055 --> 00:40:21.317
So when those people came to my charity,

1150
00:40:21.739 --> 00:40:22.715
they didn't have any money.

1151
00:40:22.895 --> 00:40:25.661
So how do they pay or how do they make a donation to my charity?

1152
00:40:26.301 --> 00:40:27.661
I would find them money.

1153
00:40:28.348 --> 00:40:29.708
So I would look through their card and say,

1154
00:40:29.817 --> 00:40:29.942
oh,

1155
00:40:30.130 --> 00:40:32.114
there's a card here with 500 pounds still.

1156
00:40:32.364 --> 00:40:33.708
And this one over here is 250.

1157
00:40:34.176 --> 00:40:35.114
That's $700.

1158
00:40:35.489 --> 00:40:36.145
You want to split it?

1159
00:40:36.614 --> 00:40:36.895
They'd say,

1160
00:40:36.989 --> 00:40:37.208
sure.

1161
00:40:37.239 --> 00:40:37.505
I said,

1162
00:40:37.645 --> 00:40:38.411
what do you want to give me?

1163
00:40:38.536 --> 00:40:39.333
What do you want to give the charity?

1164
00:40:39.334 --> 00:40:39.598
They'd say,

1165
00:40:39.848 --> 00:40:40.395
50-50.

1166
00:40:40.598 --> 00:40:40.817
Okay.

1167
00:40:41.323 --> 00:40:41.683
They can say,

1168
00:40:41.684 --> 00:40:42.684
I'll keep 70,

1169
00:40:42.784 --> 00:40:43.306
give me 30.

1170
00:40:43.927 --> 00:40:44.286
Okay.

1171
00:40:45.087 --> 00:40:46.048
It was free money to me.

1172
00:40:46.309 --> 00:40:47.348
It cost them nothing.

1173
00:40:47.388 --> 00:40:48.149
So I didn't mind.

1174
00:40:48.169 --> 00:40:51.212
So any dollar coming into charity was again,

1175
00:40:51.235 --> 00:40:51.852
an advantage.

1176
00:40:52.477 --> 00:40:57.774
Then that was what funded the medical clinics and helped the people that were in most need.

1177
00:40:58.181 --> 00:41:00.196
So it was all working out for the best,

1178
00:41:00.446 --> 00:41:01.056
all for the best.

1179
00:41:01.618 --> 00:41:05.884
So that's what I do is I find money that's still in your account.

1180
00:41:05.899 --> 00:41:06.712
It's your money.

1181
00:41:06.774 --> 00:41:07.806
It's your checking accounts.

1182
00:41:07.837 --> 00:41:10.368
You need to withdraw that before.

1183
00:41:10.783 --> 00:41:11.764
You send the letter.

1184
00:41:12.485 --> 00:41:12.605
Now,

1185
00:41:12.925 --> 00:41:14.347
the letter can be very weak,

1186
00:41:14.726 --> 00:41:16.089
and that's just a close the account.

1187
00:41:16.691 --> 00:41:16.808
Now,

1188
00:41:16.871 --> 00:41:18.210
if you want to make it a little stronger,

1189
00:41:18.531 --> 00:41:21.456
then that's where you have your CPA write a letter that says,

1190
00:41:21.535 --> 00:41:22.136
first of all,

1191
00:41:22.456 --> 00:41:23.753
there is no invoice.

1192
00:41:24.160 --> 00:41:25.074
There is no debt.

1193
00:41:25.675 --> 00:41:29.417
You cannot issue a credit card because that can only be done by a merchant.

1194
00:41:30.214 --> 00:41:30.449
Two,

1195
00:41:30.824 --> 00:41:32.339
there never was a loan.

1196
00:41:33.042 --> 00:41:35.324
The loan has to have a promissory note.

1197
00:41:35.871 --> 00:41:38.355
You did not get a promissory note from my client,

1198
00:41:38.511 --> 00:41:40.199
and that would be very bad.

1199
00:41:40.671 --> 00:41:41.732
business activity,

1200
00:41:41.812 --> 00:41:45.235
you're giving loans out and not having people promise to pay them back,

1201
00:41:45.716 --> 00:41:46.676
what kind of bank are you?

1202
00:41:47.176 --> 00:41:48.219
And that's what it is.

1203
00:41:48.278 --> 00:41:48.962
It's a scam.

1204
00:41:49.696 --> 00:41:52.462
So we also lay out that we know it's a scam,

1205
00:41:52.524 --> 00:41:53.423
what they're doing to us,

1206
00:41:53.946 --> 00:41:56.305
then that would be a second level.

1207
00:41:56.774 --> 00:41:58.993
If you want to bump it up and even more strength,

1208
00:41:59.384 --> 00:42:01.384
then have that because that's where they're going to argue.

1209
00:42:01.790 --> 00:42:05.899
You use the card and now you have to agree to the terms and conditions.

1210
00:42:06.337 --> 00:42:08.555
That's where you have an attorney write a letter.

1211
00:42:08.703 --> 00:42:08.783
Oh,

1212
00:42:08.784 --> 00:42:08.823
no,

1213
00:42:08.824 --> 00:42:10.063
that's going to be $200,

1214
00:42:10.143 --> 00:42:10.803
$300.

1215
00:42:11.363 --> 00:42:11.484
No,

1216
00:42:11.683 --> 00:42:12.603
there's a thing called

1217
00:42:13.844 --> 00:42:14.523
Legal Shield.

1218
00:42:15.043 --> 00:42:16.164
And for $29,

1219
00:42:16.605 --> 00:42:18.805
you can join for one month and quit.

1220
00:42:19.164 --> 00:42:21.367
You don't have to keep paying every month.

1221
00:42:21.406 --> 00:42:22.445
Just do it for one month,

1222
00:42:22.984 --> 00:42:24.570
and you'll immediately talk to an attorney,

1223
00:42:24.953 --> 00:42:25.062
say,

1224
00:42:25.187 --> 00:42:28.953
I need this letter to be sent to the bank that basically says,

1225
00:42:29.734 --> 00:42:33.484
under whatever state law or country law,

1226
00:42:33.812 --> 00:42:36.203
and the Supreme Court has ruled over and over again,

1227
00:42:36.687 --> 00:42:38.094
that a fraud

1228
00:42:38.411 --> 00:42:39.853
undoes all contracts.

1229
00:42:40.212 --> 00:42:41.353
So in my opinion,

1230
00:42:41.834 --> 00:42:52.248
then my client has no contractual agreement with UBank except for that you have their free checking account and they wish to close the free checking account.

1231
00:42:53.287 --> 00:42:53.490
Now,

1232
00:42:53.669 --> 00:42:55.584
if you want to go a little further,

1233
00:42:56.271 --> 00:42:59.193
I have the legal documents that I filed in federal court.

1234
00:42:59.209 --> 00:43:05.662
You don't need to go to federal court and you just need to make it look like a state filed lawsuit.

1235
00:43:05.771 --> 00:43:06.740
And it's easy enough to find.

1236
00:43:06.903 --> 00:43:08.344
those examples and I have it too.

1237
00:43:08.425 --> 00:43:09.265
So it's not a problem.

1238
00:43:10.146 --> 00:43:15.394
And then what you do is you fill it all out except the docket number because you don't go to court.

1239
00:43:16.051 --> 00:43:16.355
Okay.

1240
00:43:16.972 --> 00:43:18.176
It looks like you did.

1241
00:43:18.574 --> 00:43:19.777
So you have the complaint.

1242
00:43:20.496 --> 00:43:21.840
Then you have discovery.

1243
00:43:22.761 --> 00:43:24.535
Normally you file a complaint,

1244
00:43:24.754 --> 00:43:26.129
the other side answers,

1245
00:43:26.379 --> 00:43:27.722
then you get around to discovery.

1246
00:43:27.723 --> 00:43:30.488
It might be a year or two and just drag it all out.

1247
00:43:30.644 --> 00:43:30.769
No,

1248
00:43:30.801 --> 00:43:30.926
no,

1249
00:43:30.941 --> 00:43:31.066
no.

1250
00:43:31.754 --> 00:43:33.863
You want to send them exactly the...

1251
00:43:34.603 --> 00:43:35.044
production,

1252
00:43:35.424 --> 00:43:37.265
a demand for production of documents.

1253
00:43:37.666 --> 00:43:39.128
You're asking for the invoice.

1254
00:43:39.570 --> 00:43:43.054
You're also asking for a affidavit of debt.

1255
00:43:43.390 --> 00:43:46.898
You want someone inside the bank to swear out that you have a debt.

1256
00:43:47.875 --> 00:43:49.695
Then you're going to have the interrogatories,

1257
00:43:49.781 --> 00:43:50.742
which means questions.

1258
00:43:51.179 --> 00:43:52.461
You're going to have admissions,

1259
00:43:52.679 --> 00:43:53.320
admit this,

1260
00:43:53.461 --> 00:43:54.039
admit that.

1261
00:43:54.523 --> 00:43:57.570
And then there's the deposition.

1262
00:43:57.945 --> 00:43:59.929
And that's what the bank does not want.

1263
00:44:00.086 --> 00:44:03.570
And that usually is 10 days after they respond.

1264
00:44:04.211 --> 00:44:06.794
So they already are seeing a date.

1265
00:44:06.814 --> 00:44:16.005
They get to pick three dates sometime in the future with you anticipated them answering the thing in about 20 days and then give them some days and give them three choices.

1266
00:44:16.044 --> 00:44:16.864
They like to have that.

1267
00:44:17.146 --> 00:44:19.068
So you've got three dates for the deposition.

1268
00:44:19.544 --> 00:44:20.825
They don't want that to happen.

1269
00:44:21.544 --> 00:44:24.185
And here is the haste of resistance.

1270
00:44:24.450 --> 00:44:27.513
The cream of the cream is an injunction.

1271
00:44:29.029 --> 00:44:31.513
If you have someone bothering you.

1272
00:44:32.295 --> 00:44:32.736
and saying,

1273
00:44:32.816 --> 00:44:33.677
you owe us money,

1274
00:44:33.798 --> 00:44:34.540
you owe us money,

1275
00:44:35.100 --> 00:44:38.885
you can take them to court and then file an injunction.

1276
00:44:39.167 --> 00:44:42.350
You're asking the judge to stop this behavior.

1277
00:44:42.874 --> 00:44:44.233
They're claiming I have a debt,

1278
00:44:44.335 --> 00:44:45.178
I don't have one.

1279
00:44:45.783 --> 00:44:47.245
So in the injunction,

1280
00:44:47.544 --> 00:44:50.988
they have to bring to the judge proof and evidence.

1281
00:44:51.347 --> 00:44:51.527
One,

1282
00:44:51.667 --> 00:44:52.628
that there's an invoice,

1283
00:44:52.831 --> 00:44:53.492
outstanding,

1284
00:44:53.769 --> 00:44:54.730
unpaid invoice.

1285
00:44:55.175 --> 00:44:55.589
And two,

1286
00:44:55.652 --> 00:44:58.878
a certified copy of the promissory note.

1287
00:44:59.214 --> 00:45:00.417
They don't have either one.

1288
00:45:00.902 --> 00:45:03.667
So if they don't produce that in 30 days,

1289
00:45:03.980 --> 00:45:06.417
the judge is going to hold them in contempt.

1290
00:45:06.964 --> 00:45:08.667
They're now in contempt of court.

1291
00:45:09.183 --> 00:45:11.183
Everything stops until we deal with this.

1292
00:45:11.683 --> 00:45:12.042
And that's,

1293
00:45:12.105 --> 00:45:12.402
again,

1294
00:45:12.996 --> 00:45:14.855
once you send this brick.

1295
00:45:15.491 --> 00:45:18.632
And I want to kill a gnat with a cannon.

1296
00:45:19.112 --> 00:45:23.934
So I'm going to send this brick of paper to the registered agent.

1297
00:45:24.130 --> 00:45:25.934
They're the ones who accept the lawsuits.

1298
00:45:26.255 --> 00:45:26.911
They'll accept it.

1299
00:45:26.974 --> 00:45:27.630
No problem.

1300
00:45:27.997 --> 00:45:29.138
They'll send it to the attorney.

1301
00:45:29.552 --> 00:45:31.739
The attorney's going to take one look at this and go,

1302
00:45:31.895 --> 00:45:36.239
this is going to cost us $40,000 just to start.

1303
00:45:36.739 --> 00:45:39.052
And now we get a deposition called in 10 days.

1304
00:45:39.083 --> 00:45:40.442
We have an injunction.

1305
00:45:41.177 --> 00:45:44.692
And all we want is click off the credit report.

1306
00:45:45.027 --> 00:45:47.929
That's all the bank has to do is one click,

1307
00:45:48.291 --> 00:45:49.150
it's off the credit report.

1308
00:45:49.470 --> 00:45:49.592
Now,

1309
00:45:49.593 --> 00:45:52.494
you probably will sign a nondisclosure because,

1310
00:45:53.595 --> 00:45:53.853
David,

1311
00:45:53.877 --> 00:45:59.478
you sent to me in an email that you've heard of me or my argument or maybe something vaguely like it.

1312
00:45:59.705 --> 00:46:03.041
I have not heard anybody argue my same position.

1313
00:46:03.088 --> 00:46:04.760
So if you know someone out there doing it,

1314
00:46:04.791 --> 00:46:05.525
I'd love to talk to them.

1315
00:46:06.244 --> 00:46:14.041
They must be having people sign nondisclosure because this should be common knowledge because once you file it in court.

1316
00:46:14.391 --> 00:46:16.953
It's a public document and no one's reading it.

1317
00:46:17.174 --> 00:46:18.654
No one's figured this out.

1318
00:46:19.115 --> 00:46:24.580
No one in 50 years has figured out there's no invoice and there's no promissory note.

1319
00:46:24.838 --> 00:46:24.963
So

1320
00:46:26.143 --> 00:46:26.580
I don't know.

1321
00:46:26.581 --> 00:46:27.463
Help me out if you know,

1322
00:46:27.502 --> 00:46:28.744
if you know of anybody out there,

1323
00:46:28.783 --> 00:46:31.244
but it's got to be an NDA.

1324
00:46:31.744 --> 00:46:33.713
That's why people are not popularizing this.

1325
00:46:33.869 --> 00:46:37.291
And maybe I'm in between until they find me,

1326
00:46:37.932 --> 00:46:38.432
but I'm here.

1327
00:46:38.854 --> 00:46:39.775
I'm here in the Philippines.

1328
00:46:39.854 --> 00:46:40.322
I'm safe.

1329
00:46:40.650 --> 00:46:41.713
I'm on a tiny island.

1330
00:46:41.994 --> 00:46:42.744
Everybody knows me.

1331
00:46:43.182 --> 00:46:43.963
And they did.

1332
00:46:44.587 --> 00:46:45.647
The elements well known,

1333
00:46:45.787 --> 00:46:48.108
they don't mess with people on this island.

1334
00:46:48.428 --> 00:46:49.268
So they know me,

1335
00:46:49.327 --> 00:46:50.127
they know me very well.

1336
00:46:50.190 --> 00:46:52.549
So you'll be the foreigner that stands out.

1337
00:46:54.073 --> 00:46:54.190
Yeah,

1338
00:46:54.205 --> 00:46:54.666
I do agree.

1339
00:46:54.667 --> 00:47:02.088
It must be NDA because you're the first person I've ever heard talk about it this way with all of this knowledge behind it.

1340
00:47:02.135 --> 00:47:02.245
Now,

1341
00:47:02.291 --> 00:47:03.729
I've heard tidbits of,

1342
00:47:04.229 --> 00:47:04.479
yes,

1343
00:47:04.526 --> 00:47:06.791
it really isn't right alone.

1344
00:47:06.979 --> 00:47:07.838
There is no note,

1345
00:47:07.870 --> 00:47:08.979
but no one's ever said,

1346
00:47:08.995 --> 00:47:09.135
well,

1347
00:47:09.229 --> 00:47:11.588
this is how you get rid of that.

1348
00:47:11.698 --> 00:47:13.026
And I used to be a debt collector.

1349
00:47:13.663 --> 00:47:14.504
And that's what they're doing,

1350
00:47:14.544 --> 00:47:15.224
collecting the debt,

1351
00:47:15.265 --> 00:47:15.445
right?

1352
00:47:15.446 --> 00:47:19.187
So then they pass it on to the next collector if they can't get it.

1353
00:47:19.468 --> 00:47:20.211
And then they start giving,

1354
00:47:20.269 --> 00:47:20.449
hey,

1355
00:47:20.511 --> 00:47:22.312
if you can get this guy to pay this bill,

1356
00:47:22.836 --> 00:47:24.211
we'll give you this percentage.

1357
00:47:24.812 --> 00:47:25.078
Now,

1358
00:47:25.234 --> 00:47:28.976
I've never really understood that job until I talked to you here.

1359
00:47:29.437 --> 00:47:29.836
And I said,

1360
00:47:29.976 --> 00:47:30.242
oh,

1361
00:47:30.461 --> 00:47:32.961
this is why they are so gung-ho to get that,

1362
00:47:33.023 --> 00:47:35.742
because there really isn't no contract.

1363
00:47:35.743 --> 00:47:37.273
So you really don't owe any money.

1364
00:47:37.804 --> 00:47:41.726
But no one up until now in my audience up until now did not know.

1365
00:47:42.495 --> 00:47:44.196
How you go about getting rid of that,

1366
00:47:44.755 --> 00:47:46.375
what letter you can actually file,

1367
00:47:46.376 --> 00:47:48.777
or you can do this yourself and get rid of it.

1368
00:47:49.175 --> 00:47:52.441
So I thank you for that because I'm not trying to help nobody beat,

1369
00:47:52.918 --> 00:47:53.199
you know,

1370
00:47:53.238 --> 00:47:54.878
the system or whatever the case is.

1371
00:47:55.339 --> 00:47:56.019
But I do agree.

1372
00:47:56.097 --> 00:48:00.183
Banks have been fraudulently taking money from us for a long period of time.

1373
00:48:00.246 --> 00:48:05.339
Bank of America is probably one of the biggest offenders because they've been sued several times.

1374
00:48:05.340 --> 00:48:06.433
And Obama was president.

1375
00:48:06.434 --> 00:48:10.168
He put big injunctions against them because of mortgage companies and interest rates.

1376
00:48:10.574 --> 00:48:11.464
And it's ridiculous.

1377
00:48:11.959 --> 00:48:15.783
So we do thank you for shedding light on everything you have today.

1378
00:48:15.882 --> 00:48:17.906
How can my audience contact you if they would like to?

1379
00:48:18.586 --> 00:48:20.906
I have a very simple Tommy A.

1380
00:48:21.047 --> 00:48:22.468
Kilpatrick on my

1381
00:48:22.867 --> 00:48:24.789
Facebook, so you can find me that way.

1382
00:48:25.531 --> 00:48:26.109
There's also,

1383
00:48:26.414 --> 00:48:28.531
I'll send you my email and the show notes,

1384
00:48:29.000 --> 00:48:30.843
and there's a landing page.

1385
00:48:31.281 --> 00:48:33.125
And I also offer a free

1386
00:48:33.640 --> 00:48:34.687
15-minute consultation.

1387
00:48:35.140 --> 00:48:35.828
And if you do that,

1388
00:48:35.906 --> 00:48:38.672
I will send you my $69 book for free.

1389
00:48:39.172 --> 00:48:41.109
I want you to be able to do this yourself.

1390
00:48:41.235 --> 00:48:42.277
and share it with other people.

1391
00:48:42.336 --> 00:48:49.706
So the dollars I get help me with the clinic and helping me with the vertical gardening here and what I do for the bamboo housing.

1392
00:48:49.964 --> 00:48:51.745
So that all goes for something good.

1393
00:48:52.128 --> 00:48:52.948
I don't need anything.

1394
00:48:52.988 --> 00:48:54.191
God provides everything for me.

1395
00:48:54.831 --> 00:48:55.628
So in closing,

1396
00:48:55.730 --> 00:49:00.628
is there anything that you'd like to say to the audience or people that may be your fans out there reading your book?

1397
00:49:00.816 --> 00:49:05.222
And tell us why everyone should grab a copy and read Forgive and Forget,

1398
00:49:05.284 --> 00:49:06.597
How to Nuke Your Credit Card Debt.

1399
00:49:07.113 --> 00:49:07.253
Well,

1400
00:49:07.441 --> 00:49:07.816
first off,

1401
00:49:07.847 --> 00:49:08.659
the short book,

1402
00:49:09.003 --> 00:49:09.941
it's a flip book.

1403
00:49:10.239 --> 00:49:13.101
So there's lots of little things in the very beginning,

1404
00:49:13.142 --> 00:49:14.724
which are very kind of summary.

1405
00:49:15.303 --> 00:49:19.525
And there's a very funny part of the courtroom situation.

1406
00:49:19.885 --> 00:49:21.689
So that was from my own personal experience.

1407
00:49:21.690 --> 00:49:22.353
So you actually,

1408
00:49:22.354 --> 00:49:23.533
it's an enjoyable read.

1409
00:49:24.111 --> 00:49:27.744
And what I would like to say to people is one question.

1410
00:49:27.916 --> 00:49:29.135
Have you been lied to,

1411
00:49:29.744 --> 00:49:30.603
indoctrinated,

1412
00:49:30.885 --> 00:49:31.760
and brainwashed?

1413
00:49:32.260 --> 00:49:32.525
Okay.

1414
00:49:32.978 --> 00:49:33.541
The lie,

1415
00:49:33.760 --> 00:49:34.900
we can kind of see the lie,

1416
00:49:35.182 --> 00:49:36.322
sort of obvious sometimes.

1417
00:49:36.666 --> 00:49:38.166
But when they repeat the lie.

1418
00:49:38.375 --> 00:49:39.360
over and over again,

1419
00:49:39.401 --> 00:49:40.789
we get indoctrinated to it.

1420
00:49:41.231 --> 00:49:42.983
And then if we don't question.

1421
00:49:43.820 --> 00:49:45.081
then it's brainwashed.

1422
00:49:45.522 --> 00:49:53.850
So if it's possible that you've been lied to and documented and brainwashed about this bank issued alleged credit card debt,

1423
00:49:54.389 --> 00:49:55.952
all I want you to do is open your mind.

1424
00:49:56.834 --> 00:49:58.014
Your mind is like a parachute.

1425
00:49:58.116 --> 00:49:59.272
It only works when it's open.

1426
00:49:59.772 --> 00:50:01.412
So I want you to have an open mind.

1427
00:50:01.881 --> 00:50:02.756
Don't believe me.

1428
00:50:03.506 --> 00:50:04.459
Read the show notes,

1429
00:50:05.069 --> 00:50:05.866
go to the links.

1430
00:50:06.241 --> 00:50:09.459
And there's actually a link by a guy on YouTube who says,

1431
00:50:10.292 --> 00:50:13.333
I have made $361 off the banks.

1432
00:50:13.813 --> 00:50:14.571
And how'd you do it?

1433
00:50:15.134 --> 00:50:16.434
They offer the money.

1434
00:50:16.755 --> 00:50:17.934
He matches the money.

1435
00:50:18.216 --> 00:50:19.114
The bank matches the money.

1436
00:50:19.153 --> 00:50:20.255
And then he closed the account.

1437
00:50:20.356 --> 00:50:20.817
So far,

1438
00:50:20.856 --> 00:50:22.653
he's made $361.

1439
00:50:23.177 --> 00:50:25.216
So there are people doing this.

1440
00:50:25.599 --> 00:50:29.559
I'm just saying you can do it too and get out of the situation you're at.

1441
00:50:30.153 --> 00:50:36.294
And don't be surprised that you could apply later to that same credit card company and get a card again if you want to.

1442
00:50:42.087 --> 00:50:43.669
Wouldn't that be a hoot?

1443
00:50:43.727 --> 00:50:43.911
Well,

1444
00:50:43.912 --> 00:50:44.028
Tommy,

1445
00:50:44.188 --> 00:50:45.790
I thank you for coming on the show.

1446
00:50:45.950 --> 00:50:48.973
You have been a wealth of information today.

1447
00:50:49.153 --> 00:50:54.583
And I know that this information will help my listeners tremendously.

1448
00:50:54.778 --> 00:50:55.333
It's helped me.

1449
00:50:56.145 --> 00:50:57.255
I haven't read it all the way through,

1450
00:50:57.348 --> 00:50:58.739
but I am going to finish your book.

1451
00:50:59.223 --> 00:51:02.067
I have sent this off to my CPA to let you know.

1452
00:51:02.661 --> 00:51:04.348
He's my best friend's name is Dion.

1453
00:51:04.489 --> 00:51:05.223
He's already said,

1454
00:51:05.286 --> 00:51:05.489
yeah,

1455
00:51:05.536 --> 00:51:05.786
man,

1456
00:51:05.864 --> 00:51:08.614
this is exactly it.

1457
00:51:09.120 --> 00:51:11.042
So if you ever want to come back on the show,

1458
00:51:11.102 --> 00:51:11.962
you have my information.

1459
00:51:12.022 --> 00:51:15.165
You're always welcome to come back and I would love to have you back.

1460
00:51:15.166 --> 00:51:16.267
So thank you for joining us today,

1461
00:51:16.306 --> 00:51:16.427
man.

1462
00:51:16.446 --> 00:51:17.227
I really appreciate it.

1463
00:51:17.267 --> 00:51:17.946
Thanks so much.

1464
00:51:18.509 --> 00:51:18.993
See you later.

1465
00:51:18.994 --> 00:51:21.931
All right,

1466
00:51:21.932 --> 00:51:22.173
guys,

1467
00:51:22.212 --> 00:51:23.876
that was Tommy Kilpatrick.

1468
00:51:23.915 --> 00:51:27.806
I want to remind you that he is so telling you the truth right here,

1469
00:51:27.837 --> 00:51:33.759
that he has challenged you to send his book in this podcast episode to your CPA if you have one,

1470
00:51:34.352 --> 00:51:35.243
and I'm guaranteeing you,

1471
00:51:35.306 --> 00:51:36.649
no one's going to dispute this.

1472
00:51:37.036 --> 00:51:38.217
You can get a copy of his book,

1473
00:51:38.257 --> 00:51:39.318
Forgive and Forget,

1474
00:51:39.759 --> 00:51:42.203
How to Nuke Your Credit Card Debt at Amazon,

1475
00:51:42.703 --> 00:51:46.828
as well as Kindle Unlimited and anywhere books are sold.

1476
00:51:47.249 --> 00:51:48.406
I would like to remind you,

1477
00:51:48.407 --> 00:51:49.351
like I always do,

1478
00:51:49.585 --> 00:51:51.867
if you get his book by Kindle Unlimited,

1479
00:51:52.374 --> 00:51:55.054
he does not make any money unless you read it.

1480
00:51:55.460 --> 00:51:57.913
You have to turn the pages.

1481
00:51:58.398 --> 00:52:00.179
So make sure if you get it by Kindle Unlimited,

1482
00:52:00.180 --> 00:52:04.663
you actually read it so he gets the credit to keep helping those farmers over there.

1483
00:52:05.140 --> 00:52:07.261
doing what he's doing because he is doing

1484
00:52:07.741 --> 00:52:08.380
God's work.

1485
00:52:08.940 --> 00:52:10.763
All of the links that Tommy sent me,

1486
00:52:10.880 --> 00:52:13.321
he asked to come on the show so that

1487
00:52:13.681 --> 00:52:15.485
I could verify that he was telling the truth.

1488
00:52:15.923 --> 00:52:17.345
I will post those for you guys.

1489
00:52:17.360 --> 00:52:20.102
You guys are free to also read those.

1490
00:52:20.602 --> 00:52:20.821
Also,

1491
00:52:20.845 --> 00:52:21.868
to find out more about Tommy,

1492
00:52:22.009 --> 00:52:23.743
just go to my website,

1493
00:52:24.118 --> 00:52:25.181
which is in the show notes,

1494
00:52:25.602 --> 00:52:28.149
and his profile will be attached to his episode.

1495
00:52:28.618 --> 00:52:33.509
There you can read all about him and his social media handles will also be there as well.

1496
00:52:34.812 --> 00:52:35.253
Once again,

1497
00:52:35.273 --> 00:52:36.094
to Tommy Kilpatrick,

1498
00:52:36.095 --> 00:52:36.854
thank you for coming on the show.

1499
00:52:38.055 --> 00:52:39.297
Wealth of knowledge and information,

1500
00:52:39.695 --> 00:52:41.137
and I know we're going to use it.

1501
00:52:41.500 --> 00:52:43.203
And thank you for joining us today.

1502
00:52:43.602 --> 00:52:46.703
I know you have many choices in True Crime and Interview podcast,

1503
00:52:47.047 --> 00:52:49.328
and I am grateful that I am one of your choices.

1504
00:52:49.930 --> 00:52:54.516
And you have been listening to the only three-faceted podcast of its kind.

1505
00:52:54.953 --> 00:52:57.375
So be good to yourself and each other.

1506
00:52:57.953 --> 00:52:59.078
And always remember,

1507
00:53:00.016 --> 00:53:00.985
always stay humble.

1508
00:53:01.656 --> 00:53:04.141
An act of kindness can make someone's day.

1509
00:53:04.812 --> 00:53:07.254
A little love and compassion can go a long way.

1510
00:53:07.856 --> 00:53:12.318
And remember that there is an extraordinary person in all of us.

1511
00:53:12.580 --> 00:53:15.158
I'll catch you guys on the next one.

1512
00:53:19.385 --> 00:53:20.525
Don't forget to rate,

1513
00:53:20.627 --> 00:53:21.002
comment,

1514
00:53:21.111 --> 00:53:21.924
and subscribe.

1515
00:53:22.408 --> 00:53:23.564
Join us on social media.

1516
00:53:24.205 --> 00:53:25.908
One link to the link tree has it all.

1517
00:53:26.674 --> 00:53:31.111
Feel free to drop us a line at truecrimeandauthors at gmail.com.

1518
00:53:31.721 --> 00:53:34.096
Cover art and logo designed by Arslan.

1519
00:53:34.708 --> 00:53:37.071
Sound mixing and editing by David McClam.

1520
00:53:37.811 --> 00:53:40.655
Intro script by Sophie Wild and David McClam.

1521
00:53:41.475 --> 00:53:42.053
Theme music,

1522
00:53:42.417 --> 00:53:44.335
Legendary by New Alchemist.

1523
00:53:44.960 --> 00:53:47.920
Introduction and ending credits by Jackie Voice.

1524
00:53:48.702 --> 00:53:50.639
See you next time on True Crime,

1525
00:53:50.905 --> 00:53:51.342
Authors,

1526
00:53:51.608 --> 00:53:52.858
and Extraordinary People.